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Mylan N v   (MYL)
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EARNINGS REPORT by CSIMarket

Earnings helped by tax benefit

A $19 million tax benefit, helped Mylan N V to post $0.08 eps in the second quarter 2020, company expects fiscal year eps at $ 4.25 per share and Sales at $9,850 millions

For the second quarter 2020 Mylan N V eps of $0.08 per share compare to $0.00 a year ago and eps soared by 100 % from $0.04 per share from the previous quarter.
pills_rapid_release_pills_By_Katy_Warner_from_Orlando_FL_USA_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons
Sales remained unchanged to $2.73 billions from $0 millions in the same quarter a year ago and sequentially Sales increased by 4.28 % from $2.62 billions.



Company achieved net income of $39.400 millions in the second quarter 2020 an improvement versus a net loss of $-168.500 millions in the same quarter a year ago.

The company's bottom-line growth was helped by $19 million tax benefit, without it, the second quarter 2020 results would be much more moderate. Mylan N V also emphasized it's improving profit margins, where net margin rose to 1.44% in second quarter 2020, and operating margin edged up to 4.91%. Mylan N V provided annual earnings per share guidance between $4.15 and $ 4.35, while on the sales side company expects to achieve revenues between $9,600 millions and $10,100 millions.


Mylan N V is expected to report next financial results on November 02, 2020.


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A $19 million tax benefit, helped Mylan N V to post $0.08 eps in the second quarter 2020, company expects fiscal year eps at $ 4.25 per share and Sales at $9,850 millions

A $19 million tax benefit, helped Mylan N V to post $0.08 eps in the second quarter 2020

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Other MYL's Earnings Reports

Mylan N V reported first quarter 2020 earnings

Mylan N V reported fourth quarter 2019 earnings

Mylan N V reported third quarter 2019 earnings

       
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