Valeant Beats Q1 Views, Lifts Guidance, Loses CFO

By | April 29, 2015

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Valeant Pharmaceuticals International beat Q1 estimates and raised its guidance, but it also announced the departure of the CFO who’s overseen finances during its period of greatest growth. Valeant (VRX) early Wednesday posted revenue of $2.19 billion, up 16% from the year-earlier quarter and $40 million above analysts’ consensus, according to Thomson Reuters. Cash earnings per share rose 10% to $2.36, 2 cents above views. The company added more Scalper1 News

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