Wednesday, August 8, 2018

Mylan Q2 Results Miss View, Cuts 2018 Outlook; To Evaluate Alternatives

Mylan N.V. (MYL) reported a profit for the second-quarter 2018 that declined 87 percent from last year. Both Adjusted earnings per share and revenue for the quarter missed analysts' expectations. It cuts to its 2018 profit and revenue guidance. The company said it is evaluating a wide range of alternatives, because it believes the public markets undervalue the company.

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