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Impax's Second Quarter 2014 Revenues Increased 45% to $188.1 Million
Date:8/6/2014

prnews_span">21,30582,518Cost of revenues

8,47716,01712,55145,190Gross profit

3,25019,6498,75437,328Operating expenses:Research and development

10,5076,24921,03114,143Selling, general and administrative

11,73411,83620,95524,599Total operating expenses

22,24118,08541,98638,742(Loss) income from operations

$ (18,991)$
,564
$ (33,232)$  (1,414)Gross margin

27.7%55.1%41.1%45.2%Adjusted gross profit (1)

$
3,980
$  25,444$   10,214$   54,852Adjusted gross margin (1)

33.9%71.3%47.9%66.5%(1) Adjusted gross profit is calculated as total revenues less adjusted cost of revenues. Adjusted gross margin is calculated as adjusted gross profi
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SOURCE Impax Laboratories, Inc.
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