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Contract revenue up 52% in the quarter
February 17, 2016
By: Kristin Brooks
Managing Editor, Contract Pharma
AMRI 4Q Revenues: $126.4 million (+46%) 4Q Earnings: $1.8 million (loss of $1.9 million 4Q14) FY Revenues: $402.3 million (+45%) FY Loss: $2.3 million (loss of $3.3 million FY14) Comments: Contract revenue for the quarter was $123.0 million, up 52%. Margins benefited from recent acquisitions, product mix within the Drug Product segment and the impact of cost reduction initiatives and facility optimization activities. Royalty revenue in the quarter was $3.4 million, down 43% d...
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