dimecres, 8 de febrer del 2017

Allergan ticks up on Q4, 2016 beats

AllerganAllergan (NYSE: AGN) shares ticked up today after the company reported 4th-quarter and full-year earnings – and a 2017 sales forecast – that beat expectations on Wall Street.

The drugmaker narrowed its losses by 90% to -$70.2 million, or -20¢ per share, on sales growth of 7.1% to $3.86 billion for the 3 months ended Dec. 31, compared with Q4 2015. Adjusted to exclude 1-time items, earnings per share were $3.90, a full 14¢ ahead of The Street, where analysts were looking for sales of $3.77 billion.

Get the full story at our sister site, Drug Delivery Business News.

The post Allergan ticks up on Q4, 2016 beats appeared first on MassDevice.



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