Brief: Assertio reports Q2 results

Assertio Holdings

08/08/2022 12:19

Aug 8 (Reuters) - Assertio Holdings Inc  ASRT.O :
    * ASSERTIO REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS
    * Q2 NET PRODUCT SALES OF $35.4 MILLION INCREASED $10.2
MILLION,
OR 40%, FROM PRIOR YEAR QUARTER
    * QTRLY EARNINGS PER SHARE (GAAP)$0.16
    * QTRLY ADJUSTED EARNINGS PER SHARE $0.28
    * EFFECTIVE AUGUST 8, 2022, ASSERTIO INCREASED ITS OUTLOOK
FOR
FULL YEAR 2022 REVENUE OF $129 MILLION TO $137 MILLION
    * Q2 EARNINGS PER SHARE VIEW $0.08, REVENUE VIEW $31.8
MILLION --
REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $131.7 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX7L7JXK 
Further company coverage:  ASRT.O 

 (Reporting by Priyamvada C)
 ((Priyamvada.C@thomsonreuters.com;))