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LCI - Lannett Non-GAAP EPS of -$0.39 misses by $0.07 revenue of $86.5M misses by $3.71M
Lannett Co Inc
Lannett press release (NYSE:LCI): Q2 Non-GAAP EPS of -$0.39 misses by $0.07. Revenue of $86.5M (-35.4% Y/Y) misses by $3.71M. Shares -16%. Adj. 2022 Guidance: Net sales: $335 million to $360 million, down from $370 million to $400 million vs. $389.69M consensus. Gross margin Approximately 14% to 15%, down from approximately 19% to 21%