logo
  

ANI Pharma Q1 Profit Tops Estimates

ANI Pharmaceuticals, Inc. (ANIP) reported first quarter adjusted non-GAAP earnings per share of $1.04, flat with prior year. On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $0.71, for the quarter. Analysts' estimates typically exclude special items. GAAP net income was $0.1 million, and GAAP earnings per share was $0.01, for the quarter.

First quarter net revenues were $54.5 million compared to $49.8 million, last year. Analysts expected revenue of $46.8 million, for the quarter.

Cash and cash equivalents were $25.1 million, net accounts receivable was $91.9 million, as of March 31, 2021.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Drug major Pfizer has again expanded the earlier two recalls of its anti-smoking Drug Chantix (Varenicline) in the form of tablets, to now include all the lots, for the potential presence of nitrosamine impurity, N-Nitroso- varenicline, at or above the FDA interim acceptable intake limit (ADI), the U.S. Food and Drug Administration or FDA said in a statement. Department store chain Sears is closing down its last store located in its home state of Illinois, CNBC reported. The company, which was founded in Chicago in 1892, plans to shut the shop, located in Simon Property Group's Woodfield Mall, on November 14. Sears' parent company, Transformco, which also manages the real estate, said it plans to maximize the value of the Woodfield Mall property and Amazon said over 1 million people have applied for a job at the tech major as part of its Career Day 2021. Job seekers from more than 170 countries have participated in the virtual event. In addition, more than 2,000 Amazon recruiters offered 30,000 individual career coaching sessions with participants in a single day.
Follow RTT