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ANI: 2Q Earnings Snapshot

August 7, 2019

BAUDETTE, Minn. (AP) _ ANI Pharmaceuticals Inc. (ANIP) on Wednesday reported second-quarter profit of $6.6 million.

The Baudette, Minnesota-based company said it had profit of 53 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.44 per share.

The drugmaker posted revenue of $54.4 million in the period.

ANI expects full-year earnings in the range of $5.57 to $6.21 per share, with revenue in the range of $220 million to $226 million.

ANI shares have risen 83% since the beginning of the year. The stock has increased 26% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANIP at https://www.zacks.com/ap/ANIP

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