Perrigo adjusts Q1 GAAP loss per share to $2.34 from $0.93; shares down 3% premarket

• Perrigo (NYSE:PRGO) is down 3% premarket on average volume in response to its announcement that it adjusted its Q1 GAAP net loss downward from ($133.1M) to ($335M) and its GAAP loss per share to ($2.34) from ($0.93). Non-GAAP results and 2016 guidance remain unchanged.