Lannett Co Inc (LCI) News

Lannett Co Inc (LCI): $4.86

-0.31 (-6.00%)

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LCI News Highlights

  • LCI's 30 day story count now stands at 5.
  • Over the past 8 days, the trend for LCI's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
  • ANDA, APR and CFR are the most mentioned tickers in articles about LCI.

Latest LCI News From Around the Web

Below are the latest news stories about Lannett Co Inc that investors may wish to consider to help them evaluate LCI as an investment opportunity.

Lannett raises $350M to repay outstanding existing Term B Loans

Lannett Company (LCI) has priced $350M of 7.75% senior secured notes due April 15, 2026 in a private placement.Closing date is April 22. The notes will pay interest only semi-annually in arrears on April 15 and October 15 of each year, beginning on October 15, 2021, at a rate of 7.75%...

Seeking Alpha | April 9, 2021

Lannett Announces Offering Of $350 Million Senior Secured Notes Due 2026

PHILADELPHIA , April 6, 2021 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI ) (the "Company") today announced that it intends to offer, subject to market conditions and other factors, $350 million aggregate principal amount of senior secured notes due 2026 (the "Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act") and outside the United States to persons other than U.S. persons in reliance upon Regulation S under the Securities Act. The Notes are expected to bear interest that will be payable semiannually. The Notes will mature in April 2026 , unless earlier redeemed or repurchased in accordance with their terms. … Full story available on

Benzinga | April 6, 2021

Lannett Company, Inc. -- Moody's rates Lannett's proposed secured notes B1; B3 CFR affirmed

Rating Action: Moody's rates Lannett's proposed secured notes B1; B3 CFR affirmedGlobal Credit Research - 06 Apr 2021New York, April 06, 2021 -- Moody's Investors Service ("Moody's") assigned a B1 rating to Lannett Company, Inc.'s ("Lannett") new 1st lien senior secured notes. Moody's also affirmed Lannett's B3 Corporate Family Rating and B3-PD Probability of Default Rating (PDR), and the Speculative Grade Liquidity Rating remains unchanged at SGL-3.

Yahoo | April 6, 2021

Lannett Submits ANDA For Generic ADVAIR DISKUS®

Lannett Company, Inc. (NYSE: LCI) today announced the submission of an Abbreviated New Drug Application (ANDA) for Fluticasone propionate and Salmeterol inhalation powder (100/50 mcg, 250/50 mcg and 500/50 mcg) to the U.S. Food and Drug Administration (FDA), by its strategic alliance partner, Respirent Pharmaceuticals Co. Ltd. The product is the generic equivalent of ADVAIR DISKUS® of GlaxoSmithKline. Total U.S. sales of the product, according to IQVIA market, were approximately $3 billion for the 12 months ending February 2021, although actual generic market values are expected to be lower.

Yahoo | April 1, 2021

Lannett Begins Marketing Chlorpromazine Hydrochloride Tablets

PHILADELPHIA, Feb. 8, 2021 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI) today announced that it has begun marketing Chlorpromazine Hydrochloride Tablets, USP, 10 mg, 25 mg, 50 mg, 100 mg and 200 mg. The company recently received approval from the U.S. Food and Drug Administration…

PR Newswire | February 8, 2021

Lannett (NYSE:LCI) Announces Earnings Results

Lannett (NYSE:LCI) released its quarterly earnings results on Wednesday. The company reported $0.08 earnings per share for the quarter, hitting the consensus estimate of $0.08, reports. The firm had revenue of $133.92 million for the quarter, compared to analysts’ expectations of $130.00 million. Lannett had a negative net margin of 5.09% and a positive […]

Transcript Daily | February 4, 2021

Lannett Announces Fiscal 2021 Second-Quarter Financial Results In Line Or Above Expectations

PHILADELPHIA, Feb. 3, 2021 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI) today reported financial results for its fiscal 2021 second quarter ended December 31, 2020. "For the fiscal 2021 second quarter, net sales exceeded our expectations, and adjusted earnings per share and adjusted…

PR Newswire | February 3, 2021

Lannett (LCI) Meets Q2 Earnings Estimates

Lannett (LCI) delivered earnings and revenue surprises of 0.00% and 2.95%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | February 3, 2021

Recap: Lannett Q2 Earnings

Shares of Lannett (NYSE:LCI) decreased in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 70.37% year over year to $0.08, which were in line with the estimate of $0.08. Revenue of $133,920,000 decreased by 1.61% from the same period last year, which beat the estimate of $130,000,000. Outlook Earnings guidance hasn't been issued by the company for now. Revenue guidance hasn't been issued by the company for now. How To Listen To The Conference Call Date: Feb 03, 2021 View more earnings on LCI Time: 04:30 PM ET Webcast URL: Technicals 52-week high: $10.70 52-week low: $4.89 Price action over last quarter: Up 0.17% Company Description Lannett Co Inc devel...

Yahoo | February 3, 2021

Lannett Co., Inc. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / February 3, 2021 / Lannett Co. (NYSE:LCI) will be discussing their earnings results in their 2021 Second Quarter Earnings call to be held on February 3, 2021 at 4:30 PM Eastern Time.

Yahoo | February 3, 2021

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