EPS & Earnings ... Hits & Misses

[madrose1]

* ALKS $15-16.20 beats $0.05 better than the Reuters Estimates consensus of ($0.01); revenues rose 50.7% year/year to $62.4 mln vs the $54.9 mln consensus. Co issues guidance for FY07, sees non-GAAP EPS of $0.30-0.35, excludes option expense, not comparable to $0.02 consensus; sees FY07 revs of $221-243 mln, up from previous guidance of $206-228 mln, vs. $222.47 mln consensus. CFO comments, "We are pleased to begin calendar 2007 from a position of strength, with growing revenues from our commercial products, strong operating performance, and opportunities for significant long-term growth. We reported another profitable quarter while continuing to invest in our pipeline, further demonstrating our commitment to building a profitable, multi-product company."