Mylan Q2 miss estimates; ups FY earnings view
Generics specialist Mylan (Nasdaq: MYL) on Thursday posted second quarter results below expectations but raised it full year earnings forecast.
The company reported second-quarter net earnings of $167.8 million or $0.32 per share compared to $125.2 million or $0.32 per share, a year ago. Adjusted earnings per share for the quarter stood at $0.91.
Analysts polled by Thomson Reuters expected the company to report profit per share of $0.89 for the quarter.
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