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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.