Diplomat Pharmacy (DPLO) PT Cut to $14 at Cowen

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Go back to Diplomat Pharmacy (DPLO) PT Cut to $14 at Cowen

Diplomat Provides 2016 Financial Guidance Update

January 9, 2017 6:00 AM EST

FLINT, Mich., Jan. 9, 2017 /PRNewswire/ -- Diplomat Pharmacy, Inc. (NYSE: DPLO), the nation's largest independent specialty pharmacy, announced updated 2016 financial guidance. The company now expects 2016 revenue and adjusted EBITDA will be at or near the low end of previously announced ranges.

Phil Hagerman, chairman and CEO of Diplomat, commented, "This was a tough year for Diplomat, and as a result of the various industry challenges we faced throughout 2016, we anticipate our full-year financial results to be at or near the low end... More