Impax Laboratories (IPXL) Misses Q2 EPS by 11c; Guides Lower
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Impax Reports Second Quarter 2016 Financial Results
August 9, 2016 7:01 AM EDTHAYWARD, Calif., Aug. 9, 2016 /PRNewswire/ --Â Impax Laboratories, Inc. (NASDAQ: IPXL), a specialty pharmaceutical company, today reported second quarter 2016 financial results for the quarter ended June 30, 2016.
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Total revenues in the second quarter 2016 declined 19% to $172.6 million, compared to $214.2 million in the prior year period. The decrease was primarily due to a 30% reduction in Generics division revenues which includes the impact of an approximate... More