ANI Pharmaceuticals Q4 Adjusted EPS $1.00 Beats $0.85 Estimate, Sales $131.65M Beat $122.21M Estimate
Portfolio Pulse from Benzinga Newsdesk
ANI Pharmaceuticals (NASDAQ:ANIP) reported Q4 adjusted EPS of $1.00, surpassing the $0.85 estimate, and sales of $131.65M, exceeding the $122.21M estimate. This represents a 31.58% increase in earnings and a 39.71% increase in sales over the same period last year.
February 29, 2024 | 11:52 am
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ANI Pharmaceuticals reported a significant beat on both earnings and sales estimates for Q4, with a notable year-over-year growth in both metrics.
The substantial beat on both earnings per share and sales estimates, coupled with the impressive year-over-year growth, is likely to positively influence investor sentiment and potentially drive up ANIP's stock price in the short term.
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