ANI: 3Q Earnings Snapshot
BAUDETTE, Minn. (AP) _ ANI Pharmaceuticals Inc. (ANIP) on Wednesday reported third-quarter net income of $3.9 million.
On a per-share basis, the Baudette, Minnesota-based company said it had profit of 32 cents. Earnings, adjusted for one-time gains and costs, came to $1.23 per share.
The drugmaker posted revenue of $51.3 million in the period.
ANI expects full-year earnings in the range of $5.06 to $5.23 per share, with revenue in the range of $209 million to $212 million.
ANI shares have risen 75% since the beginning of the year. The stock has risen 53% in the last 12 months.