ANI Pharmaceuticals Shares Climb on Outlook Raise as Sales Surge

Dow Jones
08/08
 

By Dean Seal

 

Shares of ANI Pharmaceuticals soared after the company raised its full-year guidance on the back of strong sales and profit gains in the second quarter.

The stock was up 18.5% at $81.79 in premarket trading. Shares had already risen 25% year-to-date when the market closed Thursday.

The specialty pharmaceutical company said it now expects adjusted earnings of $6.98 to $7.35 a share on $818 million to $843 million in revenue for the year. It had previously targeted $6.27 to $6.62 a share on $768 million to $793 million in revenue.

The lift comes after a record-setting quarter, Chief Executive Nikhil Lalwani said.

ANI swung to a second-quarter profit of $8.1 million, or 36 cents a share, from a loss of $2.7 million, or 14 cents a share, in the same quarter a year earlier.

Stripping out one-time items, adjusted earnings were $1.80 a share. Analysts polled by FactSet had been expecting $1.41 a share.

Revenue surged 53% to $211.4 million, ahead of analyst forecasts for $190 million, according to FactSet. Gains were seen across its rare disease, brands and generic portfolios.

 

Write to Dean Seal at dean.seal@wsj.com

 

(END) Dow Jones Newswires

August 08, 2025 07:37 ET (11:37 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10