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Biotech / Medical : CEPH

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From: Rocky94/25/2007 11:16:51 PM
   of 998
 
Big earnings beat.

biz.yahoo.com

"Cephalon, Inc. (Nasdaq: CEPH - News) today announced that, based on preliminary financial results, it expects basic adjusted income per common share for the first quarter of 2007 to exceed its previously issued guidance by approximately 50 percent, largely driven by lower expenses and stronger than expected pain franchise sales. Revised first quarter 2007 basic adjusted income per common share guidance is now $1.40 - $1.45. The company also anticipates that net sales for the first quarter of 2007 will be approximately $420 million, compared to its previously issued sales guidance of $400 - $410 million."
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