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Stock Market & Financial Investment News

News Breaks
February 1, 2013
09:00 EDTALKSAlkermes falls 7%
Alkermes is down 7%, or $1.61, to $21.44
News For ALKS From The Last 14 Days
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May 24, 2013
10:04 EDTALKSOn The Fly: Analyst Downgrade Summary
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08:36 EDTALKSAlkermes downgraded to Sell from Neutral at MKM Partners
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May 23, 2013
07:08 EDTALKSAlkermes changes fiscal year end, sees 9-months EPS 61c-75c
Alkermes has changed its fiscal year-end from March 31 to Dec. 31 and outlined financial expectations for the nine-month period ending Dec. 31, 2013. Alkermes expects total revenues to range from $395M-$425M, and non-GAAP net income to range from $85M-$105M or 61c-75c per share, for the nine months ending Dec. 31, 2013. Following the change in the company’s financial year-end, the company expects total pro forma revenues for the calendar year ending Dec. 31, 2013, to range from $558M-$588M and expects pro forma non-GAAP net income for the calendar year ending Dec. 31, 2013, to range from $141M-$161M.
07:03 EDTALKSAlkermes reports Q4 EPS 40c, may not compare to consensus 17c
Reports Q4 revenue $163.4M, consensus $128.01M. Revenues for the quarter included $30.0M of intellectual property license revenue unrelated to key development programs.

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