Mylan Inc. (MYL) reported that its third-quarter net loss attributable to Mylan common shareholders was $40.02 million or $0.13 per share, compared to profit of $182.36 million or $0.47 per share in the same quarter last year.
Adjusted earnings for the quarter were $0.32 per share, up from $0.23 in the year ago quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $0.27 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter were $1.26 billion, compared to $1.66 billion in the prior year quarter. Fifteen analysts had consensus revenue estimate of $ 1.23 billion for the quarter.
The company raised its 2009 adjusted earnings guidance to a range of $1.24 - $1.28 per share, from the prior range of $1.13 - $1.20 per share. Analysts expected the company to report earnings of $1.17 per share for fiscal 2009.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.