Impax Laboratories (IPXL) Tops Q3 EPS by 3c

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Impax Reports Third Quarter 2017 Results

November 9, 2017 7:00 AM EST

HAYWARD, Calif., Nov. 9, 2017 /PRNewswire/ -- Impax Laboratories, Inc. (NASDAQ: IPXL), today announced third quarter 2017 financial results.

Total revenues in the third quarter 2017 were $206.4 million, a decrease of 9.4%, compared to $227.9 million in the prior year period as a decrease in sales of generic products was partially offset by an increase in sales of specialty products. 

GAAP net loss was $49.4 million or a loss of $0.69 per share for the third quarter 2017, compared to a loss of $179.3 million or a loss of $2.51 per share in the prior year period. The... More