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Mylan Reports a 13% Increase in Second Quarter 2013 Adjusted Diluted EPS to $0.68
Date:8/1/2013

PITTSBURGH, Aug. 1, 2013 /PRNewswire/ -- Mylan Inc. (Nasdaq: MYL) today announced its financial results for the three and six months ended June 30, 2013.

Financial Highlights

  • Adjusted diluted EPS of $0.68 for the three months ended June 30, 2013 compared to $0.60 for the same prior year period, an increase of 13%
  • Total revenues of $1.70 billion for the three months ended June 30, 2013 compared to $1.69 billion for the same prior year period, an increase of 1%. On a constant currency basis and excluding the impact of Escitalopram in both periods, total revenues would have increased approximately 10%
  • On a GAAP basis, diluted EPS of $0.46 for the three months ended June 30, 2013 compared to $0.33 for the same prior year period, an increase of 39%
  • Adjusted diluted EPS of $1.29 for the six months ended June 30, 2013 compared to $1.12 for the same prior year period, an increase of 15%
  • Total revenues of $3.33 billion for the six months ended June 30, 2013 compared to $3.27 billion for the same prior year period, an increase of 2%. On a constant currency basis and excluding the impact of Escitalopram in both periods, total revenues would have increased approximately 12% 
  • On a GAAP basis, diluted EPS of $0.72 for the six months ended June 30, 2013 compared to $0.62 for the same prior year period, an increase of 16%
  • Mylan CEO Heather Bresch commented: "Our second quarter results once again demonstrate the strength of our diverse, global platform. We continue to anticipate strong performance across our global platform for the remainder of the year and are reaffirming our 2013 adjusted diluted EPS guidance range of $2.75 - $2.95 per share. 

    "As we look to 2014, we are projecting revenue growth of 12% over 2013 and year-over-year growth in adjusted diluted EPS of 19% from the midpoint of o
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    SOURCE Mylan Inc.
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