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LCI - Lannett GAAP EPS of -$2.30 revenue of $74.19M
Lannett Co Inc
Lannett press release ( NYSE: LCI ): Q4 GAAP EPS of -$2.30; Non-GAAP EPS of -$0.44
Revenue of $74.19M (-30.0% Y/Y).
Adjusted gross profit was $10.4 million, or 14% of net sales, compared with $26.4 million, or 25% of net sales.
Negative adjusted EBITDA was $1.3 million versus adjusted EBITDA of $12.1 million.
FY 2023 Guidance: Revenue expected between $275 million to $300 million; Adjusted Gross margin of approximately 15% to 17%; and Capex of approximately $8 million to $12 million.