earnings
confidence medium
sentiment negative
materiality 0.75
Amneal Q2 2022: net loss $121M, revenue +5% to $559M; Opana settlement charge $263M
Amneal Pharmaceuticals, Inc.
2022-Q2 EPS reported
-$0.82
revenue$1,056,988,000
- Q2 2022 net revenue $559M (+5% YoY); GAAP net loss $121M vs net income $15M in Q2 2021.
- Adjusted EBITDA $135M (-6% YoY); adjusted diluted EPS $0.19 vs $0.23 in prior year.
- Pre-tax charge of $263M for Opana ER antitrust litigation settlement recorded.
- 2022 adjusted EBITDA guidance updated; specific figure not disclosed in provided excerpt.