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Akorn Inc Sees FY 2013 Revenue Outlook At Upper End Of Prior Range And Sees FY 2013 EPS Outlook In Line With Prior Range


Tuesday, 5 Nov 2013 06:00am EST 

Akorn Inc announced that it expects fiscal 2013 revenue at the upper end of the previously issued range of $305 million to $315 million and expects adjusted net income per diluted share (EPS) in line with the previously issued range of $0.53 to $0.55. Fiscal 2013 outlook excludes the impact of any new product approvals after November 5, 2013. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $315 million and EPS of $0.55 for fiscal 2013.