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Shire revenues up 56%; Non-GAAP EPS up 29% in Q2; updates guidance

  • Shire PLC (NASDAQ:SHPG +3.8%) Q2 results: Revenues: $2,429.1M (+56.0%); Operating Income: $96.2M (-27.5%); Net Income: $86.6M (-47.2%); EPS: $0.12 (-57.1%); Non-GAAP EPS: $3.38 (+28.5%); Quick Assets: $693.4M; CF Ops: $590.9M (+30.6%).
  • 2016 Guidance: Total Product Sales: $10.8 - 11B; Royalties & Other Revenues: $490M - 530M; GAAP EPS: ($0.40) - $0.00; Non-GAAP EPS: $12.70 - 13.10.

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