Current News
by tim
Perrigo Company (Nasdaq: PRGO; TASE) today announced results for its fourth quarter and full year endedJune 30, 2012. Perrigo operates the PBM Nutritionals infant formula plant in Georgia.
- Full-year revenue from continuing operations increased $418 million, or 15%, to a record $3.2 billion.
- GAAP income from continuing operations for the full year increased 15% to $393 million, or $4.18 per diluted share.
- Adjusted income from continuing operations for the full year increased 25% to a record $469 million, or $4.99 per diluted share.
- Record full-year cash flow from operations of $513 million.
- Fiscal fourth quarter GAAP income from continuing operations increased 25% to $107 million, or $1.14 per diluted share, while adjusted income from continuing operations increased 27% to $121 million, or $1.28 per diluted share, as revenue increased $127 million, or 18%, to $832 million.