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Amneal: Q2 Earnings Snapshot
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BRIDGEWATER, N.J. (AP) — BRIDGEWATER, N.J. (AP) — Amneal Pharmaceuticals, Inc. (AMRX) on Thursday reported second-quarter net income of $57.7 million.

The Bridgewater, New Jersey-based company said it had profit of 18 cents per share. Earnings, adjusted for one-time gains and costs, came to 30 cents per share.

The pharmaceutical company posted revenue of $796.2 million in the period.

Amneal expects full-year earnings in the range of 96 cents to $1.06 per share, with revenue in the range of $3.1 billion to $3.2 billion.

Amneal shares have climbed 52% since the beginning of the year. The stock has more than doubled in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMRX at https://www.zacks.com/ap/AMRX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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