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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (90)10/28/2002 3:17:49 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
FHRX

This was the report that made the stock tank on Jul.2, 2002.<g>

"First Horizon Pharmaceutical Corp. announced that it expects to report 2nd Q revenues between $25 and $26 M and earnings between break-even and $.02 (excluding a previously reported charge of $2.2 million, or $.04 per share), related to the write-off of the remaining fees associated with the acquisition of Sular".

They also issued guidance of revenues between $60 and $65M and earnings between $.20 and $.22 for the six-month period ending December 31, 2002.

Analysts on average were expecting EPS of $.08 on revenues of $28.8 M for the 2nd Q and EPS of $.39 on revenues of $72.15 M for the 6Ms ending Dec.2002.

Bernard