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

lion, compared to $105.8 million in second quarter 2012 primarily as a result of amortization of identifiable intangible assets acquired in the Actavis Group acquisition partially offset by product rights and other intangible assets which were fully amortized prior to the current period, including the atorvastatin product rights.

2013 Financial Outlook Actavis' estimates are based on actual results for the second quarter of 2013 and management's current belief about prescription trends, pricing levels, inventory levels and the anticipated timing of future product launches and events. 

Actavis estimates total net revenue for 2013 of approximately $8.1 billion.

  • Total Actavis Pharma segment revenue of between $6.3 billion and $6.5 billion.
  • Total Actavis Specialty Brands segment revenue of between $550 million and $600 million.
  • Total Anda Distribution segment revenue of between $1.0 billion and $1.2 billion.
  • Adjusted non-GAAP earnings for 2013 is expected to be between $8.15 and $8.50 per diluted share.
  • Adjusted EBITDA for 2013 is expected to be between $1.96 billion and $2.03 billion.
  • Webcast and Conference Call DetailsActavis will host a conference call and webcast today at 8:30 a.m. Eastern Daylight Time to discuss second quarter 2013 results, the outlook for 2013 and recent corporate developments.  The dial-in number to access the call is US/Canada (877) 251-7980, International
    (706) 643-1573.  The Conference ID is 12382077.

    A taped replay of the conference call will also be available beginning approximately two hours after the call's conclusion and will remain available through 12:00 midnight Eastern Time on August 8, 2013.  The replay may be accessed by dialing (855) 859-2056 and entering pass code 12382077.  From international locations, the replay may be accessed by dialing (404) 537-3406 and entering the same pass code.  To access the webcast, go
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    SOURCE Actavis, Inc.
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