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Amneal Pharmaceuticals(AMRX) - 2020 Q2 - Earnings Call Transcript
2020-08-09 07:36
Amneal Pharmaceuticals, Inc. (NASDAQ:AMRX) Q2 2020 Earnings Conference Call August 6, 2020 8:30 AM ET Company Participants Anastasios Konidaris - EVP & CFO Chirag Patel - Co-Founder, Co-CEO, President & Director Chintu Patel - Co-Founder, Co-CEO & Director Joseph Todisco - EVP & Chief Commercial Officer, Specialty Conference Call Participants Gregory Gilbert - Truist Securities Daniel Busby - RBC Capital Markets Ami Fadia - SVB Leerink David Amsellem - Piper Sandler & Co. Operator Good morning, and welcome ...
Amneal Pharmaceuticals(AMRX) - 2020 Q2 - Quarterly Report
2020-08-06 20:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.01 per share AMRX New York Stock Exchange Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission ...
Amneal Pharmaceuticals(AMRX) - 2020 Q1 - Quarterly Report
2020-05-11 20:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38485 Delaware 32-0546926 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Amneal Pharma ...
Amneal Pharmaceuticals(AMRX) - 2020 Q1 - Earnings Call Transcript
2020-05-11 19:15
Amneal Pharmaceuticals Inc. (NASDAQ:AMRX) Q1 2020 Earnings Conference Call May 11, 2020 8:30 AM ET Company Participants Tasos Konidaris - SVP and CFO Chirag Patel - Co CEO and President Chintu Patel - Co CEO Conference Call Participants Greg Gilbert - SunTrust Randall Stanicky - RBC Balaji Prasad - Barclays Ami Fadia - SVB Leerink Elliot Wilbur - Raymond James David Amsellem - Piper Sandler Gary Nachman - BMO Capital Markets Chris Schott - JPMorgan Operator Good morning and welcome to the Amneal Pharmaceuti ...
Amneal Pharmaceuticals(AMRX) - 2019 Q4 - Annual Report
2020-03-02 21:33
Financial Performance - Net revenue for 2019 was $1,626,373, a decrease from $1,662,991 in 2018, representing a decline of approximately 2%[242] - The net loss for 2019 was $603,573, compared to a net loss of $201,303 in 2018, reflecting an increase in losses of approximately 200%[242] - Total equity (deficit) decreased to $346,788 in 2019 from $896,363 in 2018, indicating a significant decline in equity[243] Expenses - Research and development expenses for 2019 totaled $202,287, down from $210,451 in 2018, indicating a reduction of about 4%[242] - The company incurred $173 million in charges related to the impairment of intangible assets in 2019, primarily due to the Combination[243] Assets and Liabilities - Total assets as of December 31, 2019, were $3,665,890, a decrease from $4,352,736 in 2018, representing a decline of about 16%[243] - Long-term debt, net, stood at $2,609,046 as of December 31, 2019, slightly down from $2,630,598 in 2018[243] Interest Rate Management - A hypothetical 1% increase in market interest rates could reduce the estimated fair value of the company's $2.7 billion variable rate debt by approximately $117 million[352] - The company entered into an interest rate lock agreement for a total notional amount of $1.3 billion, exchanging floating for fixed rate interest payments[353] Internal Control and Audit - Management concluded that internal control over financial reporting was effective as of December 31, 2019, based on the COSO criteria[361] - The company conducted its audit in accordance with PCAOB standards to ensure effective internal control over financial reporting[364] - The audit included assessing the risk of material weaknesses and evaluating the design and operating effectiveness of internal controls[365] - Internal control over financial reporting aims to provide reasonable assurance regarding the reliability of financial statements in accordance with GAAP[366] - Limitations of internal control may prevent or detect misstatements, and future evaluations are subject to risks of inadequacy[367] Code of Conduct - The company has adopted a Code of Business Conduct applicable to all employees, officers, and directors[370]
Amneal Pharmaceuticals(AMRX) - 2019 Q4 - Earnings Call Transcript
2020-02-26 19:08
Amneal Pharmaceuticals Inc. (NASDAQ:AMRX) Q4 2019 Earnings Conference Call February 26, 2020 8:30 AM ET Company Participants Steve Manzano - General Counsel and Corporate Secretary Chirag Patel - Co Chief Executive Officer and President Chintu Patel - Co Chief Executive Officer Todd Branning - Senior Vice President and Chief Financial Officer Joe Todisco - Senior Vice President of Specialty Commercial Conference Call Participants Elliot Wilbur - Raymond James David Amsellem - Piper Jaffray Greg Gilbert - Su ...