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Cambrex Corp (CBM.N)

CBM.N on New York Stock Exchange

38.19USD
22 Mar 2019
Change (% chg)

$-1.07 (-2.73%)
Prev Close
$39.26
Open
$38.95
Day's High
$39.06
Day's Low
$38.14
Volume
101,957
Avg. Vol
106,602
52-wk High
$69.40
52-wk Low
$33.83

Latest Key Developments (Source: Significant Developments)

Cambrex Reports Fourth Quarter And Full Year 2018 Financial Results
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Cambrex Corp ::CAMBREX REPORTS FOURTH QUARTER AND FULL YEAR 2018 FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $1.44 FROM CONTINUING OPERATIONS.Q4 EARNINGS PER SHARE ESTIMATE $1.37 -- REFINITIV IBES DATA.Q4 GAAP EARNINGS PER SHARE $0.96 FROM CONTINUING OPERATIONS.Q4 EARNINGS PER SHARE $0.04.SEES FY 2019 REVENUE UP 21 TO 25 PERCENT.Q4 ADJUSTED EARNINGS PER SHARE $1.44.SEES FULL YEAR 2019 ADJUSTED EBITDA BETWEEN $150 AND $160 MILLION.QTRLY CONSOLIDATED, CONTINUING OPERATIONS NET REVENUE UNDER ASC 606 WAS $134.3 MILLION.SEES 2019 CAPITAL EXPENDITURES $60 MILLION - $70 MILLION.SEES 2019 ADJUSTED INCOME FROM CONTINUING OPERATIONS PER SHARE $1.87 - $2.09.SEES FY 2019 FREE CASH FLOW $60 - $70 MILLION.FY2019 EARNINGS PER SHARE VIEW $2.97 -- REFINITIV IBES DATA.Q4 REVENUE VIEW $214.8 MILLION -- REFINITIV IBES DATA.EXPECT TO FINALIZE PURCHASE ACCOUNTING FOR AVISTA DURING FIRST HALF OF 2019.  Full Article

Cambrex To Acquire Avista Pharma Solutions
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Cambrex Corp ::CAMBREX TO ACQUIRE AVISTA PHARMA SOLUTIONS, ADDING EARLY STAGE API AND FINISHED DOSAGE FORM DEVELOPMENT & TESTING SERVICES TO ITS GLOBAL CONTRACT DEVELOPMENT & MANUFACTURING NETWORK.CAMBREX CORP - DEAL FOR APPROXIMATELY $252 MILLION.CAMBREX CORP - DEAL FOR APPROXIMATELY $252 MILLION..CAMBREX CORP - CAMBREX EXPECTS TRANSACTION TO BE ACCRETIVE TO ADJUSTED EARNINGS PER SHARE IN 2019..CAMBREX CORP - POST DEAL, NET LEVERAGE RATIO, PRO FORMA FOR DEAL, EXPECTED TO BE ABOUT 2.4 TIMES EBITDA.CAMBREX CORP - AVISTA'S 330 PERSON WORKFORCE WILL JOIN CAMBREX'S 1,700 EMPLOYEES ACROSS UNITED STATES AND EUROPE.CAMBREX CORP - HAS SECURED COMMITTED FINANCING FOR PROPOSED INCREASE.CAMBREX - DEAL IS EXPECTED TO BE FUNDED WITH COMBINATION OF CASH & BORROWINGS UNDER CO'S EXISTING REVOLVING CREDIT FACILITY.CAMBREX CORP - CAMBREX'S EXISTING REVOLVING CREDIT FACILITY WILL BE INCREASED THROUGH ACCORDION FEATURE.  Full Article

Cambrex Reports Second Quarter 2018 Results
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Cambrex Corp ::CAMBREX REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 EARNINGS PER SHARE $0.87 FROM CONTINUING OPERATIONS EXCLUDING ITEMS.Q2 GAAP EARNINGS PER SHARE $1.21 FROM CONTINUING OPERATIONS.Q2 EARNINGS PER SHARE VIEW $0.66 -- THOMSON REUTERS I/B/E/S.Q2 REVENUE $152 MILLION VERSUS I/B/E/S VIEW $136 MILLION.2018 FULL YEAR ADJUSTED NET REVENUE GROWTH AND ADJUSTED EBITDA GUIDANCE REAFFIRMED.SEES FULL YEAR 2018 ADJUSTED INCOME FROM CONTINUING OPERATIONS PER SHARE $2.91 - $3.14.  Full Article

Cambrex To Acquire Halo Pharma
Monday, 23 Jul 2018 

July 23 (Reuters) - Cambrex Corp ::CAMBREX TO ACQUIRE HALO PHARMA, ADDING DRUG DEVELOPMENT AND FINISHED DOSAGE CAPABILITIES TO GLOBAL API MANUFACTURING NETWORK.CAMBREX CORP - DEAL FOR APPROXIMATELY $425 MILLION.CAMBREX CORP - WILL ACQUIRE HALO FOR $425 MILLION IN TOTAL CASH CONSIDERATION.CAMBREX CORP - EXPECTS TRANSACTION TO BE ACCRETIVE IN 2019.CAMBREX CORP - ACQUISITION WILL BE FUNDED WITH A COMBINATION OF CASH ON HAND AND BORROWINGS AGAINST CAMBREX'S $500 MILLION SENIOR CREDIT FACILITY.  Full Article

Cambrex Announces Investment At Its Charles City, Iowa Plant
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - Cambrex Corp ::CAMBREX CORP - ANNOUNCED AN INVESTMENT TO EXPAND CHEMICAL AND ANALYTICAL DEVELOPMENT CAPABILITIES AT ITS CHARLES CITY, IOWA PLANT.CAMBREX CORP - CHARLES CITY, IOWA PLANT EXPANSION WILL SEE CONSTRUCTION OF AN ADDITIONAL 2,000 SQ.FT. OF LABORATORY SPACE FOR DEVELOPMENT PROJECTS.  Full Article

Cambrex reports Q3 adjusted earnings per share $0.55 from continuing operations
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Cambrex Corp :Cambrex reports third quarter 2017 financial results.Q3 adjusted earnings per share $0.55 from continuing operations.Q3 gaap earnings per share $0.52 from continuing operations.Q3 earnings per share view $0.48 -- Thomson Reuters I/B/E/S.Sees fY 2017 revenue up 7 to 11 percent.Q3 revenue $112.6 million versus I/B/E/S view $107.4 million.Cambrex Corp - ‍2017 full year financial guidance reaffirmed​.  Full Article

Cambrex appoints Gregory Brown to its board of directors
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Cambrex Corp :Gregory B. Brown M.D. Appointed to the board of directors of Cambrex corporation.Cambrex Corp - ‍brown's appointment increases size of board to ten members​.  Full Article