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Achieves record 4Q and FY revenue
February 26, 2013
By: Tim Wright
Akorn 4Q Revenues: $71.5 million (+68%) 4Q Earnings: $8.8 million (+54%) FY Revenues: $256.2 million (+87%) FY Earnings: $35.4 million (-18%) Comments: Growth in the quarter and FY was driven by the Lundbeck and Kilitch acquisitions, the sale of newly approved and re-launched products, and growth of established products, offset by decreases in the U.S. contract services business.
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