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Wednesday, February 6, 2019

=Lannett (LCI) reported earnings on Wed 6 Feb 2019 (a/h)

Lannett reports Q2 (Dec) results, beats on revs; guides FY19 revs above consensus
  • Reports Q2 (Dec) earnings of $0.32 per share, may not be comparable to the S&P Capital IQ Consensus of $0.67; revenues rose 5.1% year/year to $193.7 mln vs the $162.51 mln S&P Capital IQ Consensus.
  • Co issues upside guidance for FY19, sees FY19 revs of $615-635 mln (Prior $585-615 mln) vs. $598.81 mln S&P Capital IQ Consensus.
  • Float 27.5 mln, Short Interest 52.4%

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