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BRIEF-Merus Labs reports fiscal Q1 2017 results
February 14, 2017 / 12:47 PM / in 8 months

BRIEF-Merus Labs reports fiscal Q1 2017 results

Feb 14 (Reuters) - Merus Labs International Inc -

* Gross basis revenue of $30.9 million in fiscal q1 2017

* Adjusted ebitda of $10.8 million in fiscal q1 2017

* Reports fiscal q1 2017 results

* Continues to expect sintrom related product cost savings during 2017 of about half of full annualized potential of $8 million

* Continues to expect sintrom related product cost savings during fiscal 2017

* Says reiterates that fiscal 2017 adjusted ebitda is expected to be in range of $44 to $48 million

* Says fiscal q4 2017 adjusted ebitda is expected to be approximately 25% higher than q1 of fiscal 2017 Source text for Eikon: Further company coverage:

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