ANI Pharmaceuticals Reports First Quarter 2021 Results

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Go back to ANI Pharmaceuticals Reports First Quarter 2021 Results

ANI Pharma (ANIP) Tops Q1 EPS by 33c, Revenues Beat

May 7, 2021 6:52 AM EDT

ANI Pharma (NASDAQ: ANIP) reported Q1 EPS of $1.04, $0.33 better than the analyst estimate of $0.71. Revenue for the quarter came in at $54.5 million versus the consensus estimate of $46.8 million.

First Quarter 2021 Financial Highlights:

Net revenues were $54.5 million compared to $49.8 million in Q1 2020.GAAP net income was $0.1 million, and diluted GAAP earnings per share was $0.01.Adjusted non-GAAP EBITDA was $18.9 million.Adjusted non-GAAP diluted earnings per share was $1.04.

Cash and cash equivalents were $25.1 million, net accounts receivable was $91.9 million,... More