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Mylan beats Q1 earnings by a penny, misses on revenue

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MylanShares in Mylan (NSDQ:MYL) rose 2% in pre-market activity today after the EpiPen maker beat earnings expectations on Wall Street with its 1st quarter results.

The Canonsburg, Penn.-based company posted profits of $66.4 million, or 12¢ per share, on sales of $2.72 billion for the 3 months ended March 31, for bottom-line growth of 377.7% on sales growth of 24.2% compared with the same period last year.

Get the full story at our sister site, Drug Delivery Business News.

The post Mylan beats Q1 earnings by a penny, misses on revenue appeared first on MassDevice.


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