10.02.2016 23:57:05
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Ligand Pharma Raises 2016 Guidance
(RTTNews) - Ligand Pharmaceuticals Incorporated (LGND) announced the company expects 2016 total revenues to be between $114 million and $118 million, and adjusted earnings per share to be between $3.37 and $3.42. This compares with previous guidance for total revenues to be between $113 million and $117 million for adjusted earnings per share to be between $3.33 and $3.38.
Ligand estimates that approximately 40% of its revenue and adjusted earnings will be booked in the first half of 2016.
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