Navigation Links
Actavis Announces 42% Increase to $2.01 in Second Quarter 2013 Non-GAAP Earnings Per Share
Date:7/25/2013

PARSIPPANY, N.J., July 25, 2013 /PRNewswire/ -- Actavis, Inc. (NYSE: ACT) today reported net revenue increased 46.8 percent to $1.99 billion for the second quarter 2013, compared to $1.36 billion in the second quarter 2012. On a non-GAAP basis, diluted earnings per share for the second quarter 2013 were $2.01, compared to $1.42 per diluted share in the second quarter 2012, an increase of 41.5 percent.  On a GAAP basis, the company reported a loss per share for the second quarter 2013 of $4.27, compared to a loss per share of $0.49 in the prior year period. The current quarter GAAP results include an impairment charge following routine annual impairment testing. The accounting related non-cash charge resulted from combining the Company's legacy Arrow business, which was acquired in 2009, with the legacy Actavis Group, which was acquired in 2012. The combined assets were subsequently restructured from one global reporting unit into four new reporting units, resulting in an impairment to goodwill within our European reporting unit. 

For the second quarter 2013, adjusted EBITDA was $474.5 million, compared to $333.0 million for the second quarter 2012.
Cash and marketable securities were $234.9 million as of June 30, 2013.

"Actavis delivered another exceptional quarter of double-digit sales and earnings growth powered by strong generics launches in global markets by Actavis Pharma, continued strong sales of core specialty Brand products and consistent execution by our Global Operations team," said Paul Bisaro, President and CEO of Actavis. 

"In the U.S., we began marketing an authorized generic version of Zovirax® ointment 5%, as part of our marketing and distribution agreement with Valeant, and re-launched Vestura ™, our generic version of Yaz®. Outside of the U.S., Actavis Pharma achieved broad multi-country
'/>"/>

SOURCE Actavis, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Related medicine technology :

1. Watson to Acquire Actavis Group for EUR4.25 Billion
2. Actavis Launches First Generic Equivalent of Requip® XL (Ropinirole Extended-Release Tablets)
3. Actavis Launches Generic Equivalent of Adalat® CC 90mg (Nifedipine Extended-Release Tablets, USP)
4. Watson and Actavis Receive FTC Second Request
5. Watson Announces New Name -- Actavis -- for Global Operations
6. Watson Pharmaceuticals, Inc. is Now Actavis, Inc.
7. Actavis, Inc. to Host Fourth Quarter 2012 Earnings Conference Call and Webcast
8. Actavis, Inc. to Present at the RBC Capital Markets Healthcare Conference
9. Actavis Full Year 2012 Net Revenue Increases 29% to $5.91 Billion
10. Actavis, Inc. to Present at the Cowen & Company 33rd Annual Health Care Conference
11. Actavis, Inc. to Present at the Barclays 2013 Global Healthcare Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/28/2015)... first virtual care solution to empower health care systems with ... care service line, announced an agreement with Group Health ... use. Logo ... As health systems consider how to keep ... their own branded online care for common medical conditions. As ...
(Date:7/28/2015)... DUBLIN , July 21, 2015 ... the addition of the "Pharmaceutical Industry in ... Multinational and Chinese Biopharma Companies, Industry Trends, Environment, ... report to their offering. This ... in China but also ...
(Date:7/28/2015)... , July 28, 2015  Alere Inc. (NYSE: ... announced that it will release its financial results for ... will host a conference call beginning at 8:30 a.m. ... results and provide business updates. The ... Relations section of Alere,s website, or accessed directly through ...
Breaking Medicine Technology:Zipnosis Announces Group Health to use Virtual Care Service Line 2Zipnosis Announces Group Health to use Virtual Care Service Line 3Pharmaceutical Industry in China to 2020: Market to Increase Dramatically to $200 Billion 2Alere to Report Second Quarter 2015 Financial Results on August 4, 2015 2
... AMSTERDAM, The Netherlands, June 30 ... Major Impact on the Decision-Making Process With,Respect to Infertility ... an economic analysis presented today at this year,s,European Society ... the parameters of the simulation model used, the in ...
... ROCHESTER, Minn., June 29 Pioneering therapeutic trials to ... in hard-to-treat depression, obsessive-compulsive disorder (OCD) and Tourette,s ... according to a review in the June 2009 issue of ... . "Deep brain stimulation has long been seen as valuable ...
Cached Medicine Technology:New Data Supports Significant Economic and Clinical Value of MENOPUR(R) in IVF 2New Data Supports Significant Economic and Clinical Value of MENOPUR(R) in IVF 3New Data Supports Significant Economic and Clinical Value of MENOPUR(R) in IVF 4Mayo Clinic Proceedings Reviews Deep Brain Stimulation to Treat Psychiatric Diseases 2Mayo Clinic Proceedings Reviews Deep Brain Stimulation to Treat Psychiatric Diseases 3
(Date:7/28/2015)... ... 2015 , ... Egg freezing is becoming an increasingly popular option ... As Dr. Michael Kettel explained in an article from the San ... for previous generations who had to make choices between their fertility and their career ...
(Date:7/28/2015)... San Antonio, TX (PRWEB) , ... July 28, 2015 , ... ... in Texas, is now offering the duodenal switch weight loss surgery procedure. ... weight management and bariatric surgery procedures, BMI of Texas is one of ...
(Date:7/28/2015)... , ... July 28, 2015 , ... Bipolar disorder is ... a day to a few times a year. The World Health Organization (WHO) has ... the National Institute of Mental Health reveals that the United States has the highest ...
(Date:7/28/2015)... ... July 28, 2015 , ... ... biologic-device combination products for the treatment of bone disorders and conditions of hair ... 9,062,300 entitled "Fusion Proteins of Collagen Binding-Domain and Parathyroid Hormone". The issued patent ...
(Date:7/28/2015)... York, NY (PRWEB) , ... July 28, 2015 ... ... benefit management services to include a proprietary, web based clinical knowledge system, called ... that are evidence based. It provides physicians who are anticipating making a ...
Breaking Medicine News(10 mins):Health News:Dr. Michael Kettel of San Diego Fertilty Center Interviewed by the San Diego Union-Tribune on Egg Freezing 2Health News:Dr. Michael Kettel of San Diego Fertilty Center Interviewed by the San Diego Union-Tribune on Egg Freezing 3Health News:BMI of Texas Now Offering Duodenal Switch Surgery – Weight Loss Procedure Helps Obese Patients Lose Weight Quickly 2Health News:BMI of Texas Now Offering Duodenal Switch Surgery – Weight Loss Procedure Helps Obese Patients Lose Weight Quickly 3Health News:"I Am Not I" Music Video Raises Bipolar Disorder Awareness 2Health News:BiologicsMD, Inc. Announces Additional US Patent Issuance Covering Company’s Pipeline of Targeted Therapies 2Health News:Introducing Care to Care’s New Web Based “Referral Guidance” Program 2
... Variations in Therapy Regimens, with Monotherapy Most Common in Elderly ... , ORLANDO, Fla., June 1 There are striking differences ... based on both age and geography, according to a new ... as a poster on Saturday at the 2009 ASCO (American ...
... ties to convicted lobbyist Jack Abramoff , , ... new investigative report today called "Viewers Beware of Anti-Health Care ... in eight states, including Montana, to oppose health care reform. ... Foundation, which has a record as a right-wing political operation ...
... , Group led by conservative political operative with ties to ... Public Campaign Action Fund issued a new investigative report ... the group behind the political ads running in eight states, ... funded by the Americans for Prosperity Foundation, which has a ...
... with ties to convicted lobbyist Jack Abramoff , , ... new investigative report today called "Viewers Beware of Anti-Health Care ... in eight states, including South Dakota, to oppose health care ... Foundation, which has a record as a right-wing political operation ...
... some also suffer PTSD years after treatment , MONDAY, ... aren,t following recommended guidelines on screenings for second cancers ... from post-traumatic stress disorder years after beating their disease, ... can be costly because childhood cancer survivors are more ...
... the Link between Healthy Living and Reducing Health Risks , ... -- Ten year olds aren,t typically at risk ... lead to stroke risk factors. A program run by Sacred ... a healthy lifestyle. In conjunction with parents and the ...
Cached Medicine News:Health News:New Market Research Study Shows Lung Cancer Treatments Differ Significantly by Both Age and Geography 2Health News:New Market Research Study Shows Lung Cancer Treatments Differ Significantly by Both Age and Geography 3Health News:'Viewers Beware' Report by Watchdog Group Exposes Conservative Group Behind Anti-Healthcare Ads Running in Montana 2Health News:"Viewers Beware" Report by Watchdog Group Exposes Conservative Group Behind Anti-Healthcare Ads Running in Indiana 2Health News:"Viewers Beware" Report by Watchdog Group Exposes Conservative Group Behind Anti-Healthcare Ads Running in South Dakota 2Health News:Many Childhood Cancer Survivors Not Checking for Second Malignancies 2Health News:Many Childhood Cancer Survivors Not Checking for Second Malignancies 3Health News:Sacred Heart Hospital Starts to Expose Students to Stroke Awareness at an Early Age 2
... achieves optimum lung penetration for maximum therapeutic ... 1.04-1.10 µ at 6-8 LPM. Latex-free components. ... ,As the world leader in airway management ... of proven technology by offering top brands ...
... HOPE nebulizer the gold standard for continuous medication ... everything together in one convenient kit. You asked, ... Adult HOPE Kit which contains a HOPE nebulizer, ... mask all in one set up. This kit ...
... nebulizers offer a spill-proof design and effective ... 45° angle. All medical nebulizers are free-standing ... of configurations are available., ,All Portex® ... ,Portex® medication nebulizers feature consistently fine misting ...
... convenient, procedural kit contains everything the health ... challenge test quickly and efficiently: 7 nebulizers, ... tubing, syringe and needle., ,Shipped 5 ... the European Community., ,Intended Use: AsthmaKit ...
Medicine Products: