Breaking News, Financial News

Financial Report: AMRI

Revenues up 11% in the quarter

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

AMRI 1Q Revenues: $59.4 million (+11%) 1Q Earnings: $6.5 million (loss of $3.8 million 1Q12) Comments: Total contract revenue for the quarter was $46.5 million, up 9%, with Discovery Services revenue up 13% to $11.0 million, Development/Small Scale Manufacturing revenue up 7% to $9.1 million, and Large Scale Manufacturing revenue up 14% to $26.4 million. Royalty revenue was $12.9 million, up 17%, which includes royalties from Allegra products, as well as $1.8 million from sales of certain amp...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters