Brief: Assertio Reports Q1 2023 Financial Results, Raises Full Year 2023 Outlook

Assertio Holdings

09/05/2023 13:36

May 9 (Reuters) - Assertio Holdings Inc  ASRT.O :
    * ASSERTIO REPORTS FIRST QUARTER 2023 FINANCIAL RESULTS,
RAISES
FULL YEAR 2023 OUTLOOK
    * RAISES FULL YEAR OUTLOOK TO NET PRODUCT SALES OF $157 TO
$167
MILLION, ADJUSTED EBITDA $90 TO $98 MILLION
    * QTRLY LOSS PER SHARE $0.07
    * QTRLY ADJUSTED EARNINGS PER SHARE $0.29
    * Q1 EARNINGS PER SHARE VIEW $0.13 -- REFINITIV IBES DATA
    * SEES FY NET PRODUCT SALES (GAAP) $157.0 MILLION TO $167.0
MILLION
    * SEES FY ADJUSTED EBITDA $90.0 MILLION TO $98.0 MILLION

Source text for Eikon:  ID:nGNX3ClK9D 
Further company coverage:  ASRT.O 

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