Spectrum Pharma Q2 Profit Jumps - Quick Facts

Spectrum Pharmaceuticals Inc. (SPPI) Sank To A New Low On Guidance

Spectrum Pharmaceuticals Inc. (SPPI) Is Sinking On Weak Sales Forecast

Spectrum Pharma Shares Plummet 40% On Weak Sales Outlook

Spectrum Pharma Sees FY13 Revenues Below View - Quick Facts

Trade SPPI now with

8/8/2012 7:27 AM ET

Spectrum Pharmaceuticals (SPPI: Quote) posted second quarter net income of $18.07 million or $0.29 per share versus $7.2 million or $0.12 per share last year.

Adjusted earnings per share rose to $0.37 from $0.25 in the same quarter last year. On average, 2 analysts polled by Thomson Reuters expected the company to report earnings of $0.32 per share. Analysts' estimates typically exclude special items.

Total revenues grew 51.5% to $68.7 million from $45.36 million in the prior-year quarter. Analysts expected revenues of $63.40 million.

Click here to receive FREE breaking news email alerts for Spectrum Pharmaceuticals Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 119 Articles

Editors Pick

Stocks Nearly Flat As Early Buying Interest Fades - U.S. Commentary

After failing to sustain an early upward move, stocks have shown a lack of direction over the course of morning trading on Tuesday. The major averages have pulled back near the unchanged line after moving modestly higher in early trading.

Obama's Approval Rating Holding Steady Despite Scandals

While a recent series of scandals have caused headaches for the White House, the results of a Washington Post-ABC News poll released Tuesday suggest that the news has not had an impact on President Barack Obama's approval rating. The poll showed that 51 percent of Americans approve of the way Obama is handling his job as president compared to 44 percent that disapprove.

U.K. Inflation Eases To 7-Month Low

U.K. consumer price inflation slowed more-than-expected to a seven-month low in April on falling petrol and air fares, official data revealed Tuesday. The slowdown provides relief for consumers as it raises purchasing power, while it gives more scope for the central bank to ease monetary policy.