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

ion is expected to generate single digit revenue growth for the full year, excluding the impact of Escitalopram, with the second half of 2013 being similar to the first half of the year. The EMEA and APAC regions are expected to generate revenue growth in the mid to high teens for 2013. The Specialty segment is expected to generate revenue growth of approximately twenty percent or more in 2013.

The Company expects its full year R&D spending to be at the high end of the above range. The Company expects adjusted diluted EPS in the range of $0.77 to $0.79 for the third quarter of 2013 and the fourth quarter of 2013 to be slightly stronger than the third quarter. There is no change to any other 2013 guidance metric, including the full year 2013 Adjusted Diluted EPS.

Non-GAAP Financial Measures Mylan is disclosing non-GAAP financial measures when providing financial results. Primarily due to acquisitions, Mylan believes that an evaluation of its ongoing operations (and comparisons of its current operations with historical and future operations) would be difficult if the disclosure of its financial results were limited to financial measures prepared only in accordance with accounting principles generally accepted in the U.S. (GAAP). In addition to disclosing its financial results determined in accordance with GAAP, Mylan is disclosing certain non-GAAP results that exclude items such as amortization expense and other costs directly associated with the acquisitions as well as certain other expenses, other income and operating cash flow items in order to supplement investors' and other readers' understanding and assessment of the Company's financial performance, because the Company's management uses these measures internally for forecasting, budgeting and measuring its operating performance. In addition, the Company believes that including EBITDA and supplemental adjustments applied in presenting adjusted EBITDA pursuant to our credit agreement is appropr
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