Update: ANI Pharmaceuticals Q1 Adjusted Earnings, Revenue Rise; Lifts 2026 Outlook

MT Newswires Live

05/08

(Updates with share buyback program and stock movement in the last two paragraphs.)

ANI Pharmaceuticals (ANIP) reported Q1 adjusted earnings Friday of $2.05 per diluted share, up from $1.70 a year earlier.

Analysts surveyed by FactSet expected $1.30.

Net revenue for the quarter ended March 31 was $237.5 million, up from $197.1 million a year earlier.

Analysts polled by FactSet expected $207.6 million.

The company said it now expects full-year 2026 adjusted diluted EPS to be between $9.19 and $9.69, compared with its previous guidance for $8.83 to $9.34. Analysts surveyed by FactSet expect $9.07.

Full-year 2026 net revenue is now projected at $1.08 billion to $1.14 billion, up from its previous range of about $1.06 billion to $1.12 billion. Analysts surveyed by FactSet expect $1.09 billion.

The company also said it is launching a $100 million share buyback program that will run through May 2029.

Shares of the company were up 4.6% in pre-bell trading.

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