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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 ...
Amneal Pharmaceuticals(AMRX) - 2019 Q3 - Quarterly Report
2019-11-07 01:09
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 September 30, 2019 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 Amneal Pharmaceuticals, Inc. (Exact name of registrant as specified in its charter) Delaware 32-0546926 (State or other jurisdict ...
Amneal Pharmaceuticals(AMRX) - 2019 Q3 - Earnings Call Transcript
2019-11-06 20:53
Amneal Pharmaceuticals Inc. (NASDAQ:AMRX) Q3 2019 Results Conference Call November 6, 2019 8:30 AM ET Company Participants Mark Donohue - Vice President of Investor Relations Chirag Patel - Co-Chief Executive Officer and President Chintu Patel - Co-Chief Executive Officer Todd Branning - Chief Financial Officer Andy Boyer - Executive Vice President of Commercial Operations Joe Todisco - Senior Vice President of Specialty Commercial Pradeep Bhadauria - Chief Scientific Officer David Buchen - Chief Legal O ...
Amneal Pharmaceuticals(AMRX) - 2019 Q2 - Quarterly Report
2019-08-05 20:39
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 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 Amneal Pharmaceuticals, Inc. (Exact name of registrant as specified in its charter) Delaware 32-054692 ...
Amneal Pharmaceuticals(AMRX) - 2019 Q1 - Quarterly Report
2019-05-09 20:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 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 Amneal Pharmaceuticals, Inc. (Exact name of registrant as specified in its charter) Delaware 32-05469 ...
Amneal Pharmaceuticals(AMRX) - 2018 Q4 - Annual Report
2019-03-01 13:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 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 Amneal Pharmaceuticals, Inc. (Exact name of registrant as specified in its charter) Delaware (S ...