ANI: Q2 Earnings Snapshot

August 8, 2022 GMT

BAUDETTE, Minn. (AP) _ ANI Pharmaceuticals Inc. (ANIP) on Monday reported a loss of $14.9 million in its second quarter.

The Baudette, Minnesota-based company said it had a loss of 94 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 13 cents per share.

The drugmaker posted revenue of $73.9 million in the period.

ANI expects full-year earnings in the range of $1.34 to $1.62 per share, with revenue in the range of $295 million to $315 million.

ANI shares have decreased 25% since the beginning of the year. The stock has increased almost 5% in the last 12 months.


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