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Amphastar Beats The Street For Third Consecutive Quarter

Firm Stands To Gain Further In H2 Following Pfizer Tornado Damage

 
• By Chloe Kent

Amphastar has continued to surpass expectations for the third quarter in a row, as staggering growth of its glucagon injection propelled it to an 18% year-on-year revenue increase.

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Amphastar has beaten expectations for three quarters in a row • Source: Shutterstock

Amphastar Pharmaceuticals, Inc. has exceeded street estimates of its performance for the third consecutive quarter as it delivered better-than-expected Q2 revenue, driven by sales of glucagon and phytonadione.

The company ultimately brought in revenue of $145.7m, compared to street estimates of $135m, representing an impressive 18% increase year-over-year

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