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Tuesday, November 7, 2017

=Mallinckrodt (MNK) reported earnings on Tue 7 Nov 017 (b/o)

Mallinckrodt plc beats by $0.16, misses on revs 
  • Reports Q4 (Sep) earnings of $1.97 per share, excluding non-recurring items, $0.16 better than the Capital IQ Consensus of $1.81; revenues fell 10.5% year/year to $793.9 mln vs the $808.93 mln Capital IQ Consensus.
  • Net sales for the Specialty Brands segment were $591.4 million, -6.6%
  • Net sales for the specialty generics segment in the third quarter decreased 21.1% to $189.1 million 

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