Amphastar Reports Financial Results For The Three Months Ended March 31, 2017

RANCHO CUCAMONGA, Calif., May 08, 2017 (GLOBE NEWSWIRE) -- Amphastar Pharmaceuticals, Inc. (NASDAQ:AMPH) (“Amphastar” or the “Company”) today reported results for the three months ended March 31, 2017.

First Quarter Highlights

  • Net revenues of $56.7 million for the first quarter
  • GAAP net income of $0.9 million, or $0.02 per diluted share, for the first quarter
  • Adjusted non-GAAP net income of $4.5 million, or $0.09 per diluted share, for the first quarter

Dr. Jack Zhang, Amphastar’s CEO, commented:  “We continue to execute on our pipeline, having filed four ANDAs in the past two quarters. We will use our extensive research and development capabilities to further expand our pipeline.”

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