Mylan squeezes guidance range; Q2 top-line drops 4%

Mylan (MYL -1.1%) Q2 results:

Revenues: $2,731.2M (-4.2%).

Net Income: $39.4M (-123.4%); EPS: $0.08 (-124.2%); non-GAAP Net Income: $574.3M (+7.8%); non-GAAP EPS: $1.11.

Non-GAAP EBITDA: $878.6M (+3.7%).

CF Ops (3 months): $379.5M (-43.3%).

2020 Guidance: Total Revenues: $11.5B – 12.0B from $11.5B – 12.5B; non-GAAP EBITDA: $3.3B – 3.7B from $3.2B – 3.9B.

https://seekingalpha.com/news/3602041-mylan-squeezes-guidance-range-q2-top-line-drops-4