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Stock Market & Financial Investment News

News Breaks
January 17, 2013
14:36 EDTAKRXAkorn sees 2013 gross margins 54%-56%
Overall gross margins for 2013 are expected to be in the range of 54%-56% as a result of growth from lower margin new products that are either partnered with shared economics, in-licensed or are contract manufactured for Akorn. The vast majority of Akorn's active pipeline will be manufactured by Akorn with no partnering or shared economics and as a result are expected to have significantly higher margins than the products contributing to growth in 2013. Additionally, we expect improvement in the margins on our more competitive products once we achieve U.S. FDA approval of our Indian manufacturing site.
News For AKRX From The Last 14 Days
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November 14, 2014
12:35 EDTAKRXAkorn management to meet with Jefferies
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November 13, 2014
14:22 EDTAKRXAkorn upgraded to Buy from Fair Value at CRT Capital
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November 12, 2014
08:02 EDTAKRXCredit Suisse to hold a conference
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November 9, 2014
14:11 EDTAKRXAkorn management to meet with Needham
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November 6, 2014
11:09 EDTAKRXAkorn says does not expect gross margins to expand further beyond Q4
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07:37 EDTAKRXAkorn narrows FY14 EPS view to $1.13-$1.15, consensus $1.03
Raises FY14 revenue guidance to $630M-$640M from $605M-$625M, consensus $596.72M.
07:35 EDTAKRXAkorn reports preliminary Q3 adjusted EPS 27c, consensus 25c
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