Lannett Company (NYSE:LCI) fiscal Q2 results:
Sales: $136.1M (-29.7%).
Net income: $5.1M (-58.9%); non-GAAP net income: $11.7M (-65.2%); EPS: $0.13 (-59.4%); non-GAAP EPS: $0.27 (-68.6%).
Non-GAAP EBITDA: $35.8M.
2020 guidance: Sales: $530M – 550M from $525M – 545M (consensus: $536M); net income: ($2M) – 6M; non-GAAP EBITDA: $145M – 160M (unch).
https://seekingalpha.com/news/3538884-lannett-company-fq2-top-line-down-30-headwinds-persist
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