More on Akorn Q4: FY revenue hits record, FY14 guidance below consensus

|By:, SA News Editor

Akorn's (AKRX) FY13 earnings of 0.55/share met expectations while revenues grew 24% to a record $317M and beat consensus of $316M.

However, Akorn's FY14 guidance is below Street forecasts: the company expects EPS of $0.76-0.79 vs $0.85 and revenues of $540-560M vs $575M. (PR)