Jazz Pharma Q2 Earnings Meet Views, Revenue Light
Specialty drugmaker and IBD 50 stock Jazz Pharmaceuticals reported Q2 earnings in line with estimates and affirmed its guidance late Wednesday, but its revenue came up a bit short of expectations. Jazz (JAZZ) said that its earnings rose 19% over the year-earlier quarter to $2.41 a share, while revenue increased 15% to $333.7 million. Analysts expected $335.9 million in revenue. The EPS number matched their estimate, according to Thomson Reuters.