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Stock impact report

Emergent (EBS) Down 16% on Q4 Earnings Miss, Tops on Sales [Yahoo! Finance]

Emergent Biosolutions, Inc. (EBS) 
Last emergent biosolutions, inc. earnings: 4/30 04:08 pm Check Earnings Report
US:NYSE Investor Relations: investors.emergentbiosolutions.com
Company Research Source: Yahoo! Finance
In the year-ago quarter, EBS reported adjusted earnings of 11 cents per share. Revenues in the quarter totaled $276.6 million, down 16% from the prior-year period's level. The reported figure outpaced the Zacks Consensus Estimate of $247.6 million. The company's shares lost almost 16% in after-market trading on Mar 6, likely due to the earnings miss. The stock has surged 35.8% in the year-to-date period compared with the industry's 2.8% growth. Image Source: Zacks Investment Research Quarter in Detail Total product sales were down 19% from the year-ago quarter's level to $249.1 million. Sales of Anthrax Medical Counter measures (Anthrax MCM), comprising of Cyfendus (previously known as AV7909), BioThrax, Anthrasil and raxibacumab, totaled $111.6 million in the reported quarter, up 98% year over year. The upside can be attributed to the favorable timing of sales related to Cyfendus, Anthrasil and BioThrax. Narcan (naloxone HCl) nasal spray added $111.0 million to produc Show less Read more
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