Mylan N.V. Reports 25% Advance In Q2 Earnings

(RTTNews) - Mylan N.V. (MYL) revealed earnings for its second quarter that gained ground compared to the same period last year.

The company said its bottom line advanced to $592.4 million, or $1.16 per share. This was up from $474.3 million, or $0.91 per share, in last year's second quarter.

Analysts had expected the company to earn $1.14 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.0% to $2.56 billion. This was up from $2.37 billion last year.

Mylan N.V. earnings at a glance:

-Earnings (Q2): $592.4 Mln. vs. $474.3 Mln. last year. -Earnings Growth (Y-o-Y): 24.9% -EPS (Q2): $1.16 vs. $0.91 last year. -EPS Growth (Y-o-Y): 27.5% -Analysts Estimate: $1.14 -Revenue (Q2): $2.56 Bln vs. $2.37 Bln last year. -Revenue Change (Y-o-Y): 8.0%

-Guidance: Full year EPS guidance: $4.85 - $5.15