ANI Pharmaceuticals, Inc. Q1 Profit Climbs 6%

(RTTNews) - ANI Pharmaceuticals, Inc. (ANIP) released earnings for its first quarter that advanced from last year.

The company said its bottom line came in at $8.71 million, or $0.76 per share. This was higher than $8.25 million, or $0.71 per share, in last year's first quarter.

The company said revenue for the quarter rose 9.4% to $20.56 million. This was up from $18.80 million last year.

ANI Pharmaceuticals, Inc. earnings at a glance:

-Earnings (Q1): $8.71 Mln. vs. $8.25 Mln. last year. -Earnings Growth (Y-o-Y): 5.6% -EPS (Q1): $0.76 vs. $0.71 last year. -EPS Growth (Y-o-Y): 7.0% -Revenue (Q1): $20.56 Mln vs. $18.80 Mln last year. -Revenue Change (Y-o-Y): 9.4%

-Guidance: Full year EPS guidance: $3.54 - $3.91 Full year revenue guidance: $119 - $134 Mln