Amphastar: Q4 Earnings Snapshot : vimarsana.com

Amphastar: Q4 Earnings Snapshot


Amphastar: Q4 Earnings Snapshot
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RANCHO CUCAMONGA, Calif. (AP) _ Amphastar Pharmaceuticals Inc. (AMPH) on Monday reported a loss of $6.3 million in its fourth quarter.
On a per-share basis, the Rancho Cucamonga, California-based company said it had a loss of 13 cents. Earnings, adjusted for non-recurring costs, came to 16 cents per share.
The specialty pharmaceutical company posted revenue of $95.9 million in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $89.3 million.
For the year, the company reported profit of $1.4 million, or 3 cents per share. Revenue was reported as $349.8 million.
Amphastar shares have declined nearly 5% since the beginning of the year. In the final minutes of trading on Monday, shares hit $19.15, an increase of 35% in the last 12 months.

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