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ANI Pharmaceuticals reports higher revenue, exceeding expectations, despite a drop in profit.
ANI Pharmaceuticals saw a drop in first-quarter profit but reported a 43.4% revenue increase to $197.1 million, exceeding analyst expectations.
The company raised its fiscal 2025 outlook, now projecting revenues between $768 million and $793 million, with earnings per share of $6.27 to $6.62.
Despite a lower profit margin, the stock rose 3.5% in pre-market trading.
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ANI Pharmaceuticals reporta ingresos más altos, superando las expectativas, a pesar de una caída en las ganancias.