Skip to main content

Pacira: Q4 Earnings Snapshot

BRISBANE, Calif. (AP) — BRISBANE, Calif. (AP) — Pacira Pharmaceuticals Inc. (PCRX) on Thursday reported fourth-quarter net income of $1.6 million.

On a per-share basis, the Brisbane, California-based company said it had net income of 4 cents. Earnings, adjusted for one-time gains and costs, were 57 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 85 cents per share.

The specialty drugmaker posted revenue of $196.9 million in the period.

For the year, the company reported profit of $7 million, or 16 cents per share. Revenue was reported as $726.4 million.

Pacira expects full-year revenue in the range of $745 million to $770 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PCRX at https://www.zacks.com/ap/PCRX

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related News

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary