January 8, 2018 / 11:55 AM / 5 months ago

BRIEF-Emergent Biosolutions Sees FY 2017 Revenue $555 Million To $560 Million

Jan 8 (Reuters) - Emergent Biosolutions Inc:

* EMERGENT BIOSOLUTIONS ANNOUNCES PRELIMINARY 2017 FINANCIAL RESULTS AND PROVIDES 2018 FINANCIAL OUTLOOK

* SEES FY 2017 REVENUE UP 14 PERCENT

* - FOR FULL YEAR 2017, ANTICIPATES CASH AND CASH EQUIVALENTS AT YEAR END OF ABOUT $180 MILLION

* - SEES 2018 TOTAL REVENUES FROM $715 MILLION TO $755 MILLION

* SEES 2018 ADJUSTED NET INCOME $110 MILLION TO $125 MILLION

* - FULL YEAR 2017 ADJUSTED NET INCOME IS ANTICIPATED TO BE $92 TO $96 MILLION

* - FOR FULL YEAR 2017, ANTICIPATES NET INCOME OF $80 TO $84 MILLION

* SEES 2018 NET INCOME $95 MILLION TO $110 MILLION

* FY2017 REVENUE VIEW $547.9 MILLION — THOMSON REUTERS I/B/E/S

* FY2018 REVENUE VIEW $659.4 MILLION — THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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