emergent biosolutions inc (EBS) Key Developments
Emergent BioSolutions Plans to Expand in Baltimore
Feb 4 15
Emergent BioSolutions announced that it plans to break ground on an expansion at one of its two Baltimore locations in the next six months. The addition, expected to cost more than $60 million, would roughly double the company's current space on Lombard Street, where it purchased a 58,000-square-foot multi-use manufacturing building in 2009. The company expects to add about 158 jobs at the site over the next four years.
Emergent BioSolutions, Inc. Appoints Jerome Hauer as Class III Director
Jan 22 15
On January 22, 2015, the Board of Directors of Emergent BioSolutions Inc. approved an increase in the size of the Board from 9 to 10 directors and appointed Jerome Hauer as a Class III director of the company, with an initial term expiring at the 2015 annual meeting of stockholders.
Emergent BioSolutions, Inc.v Provides Earnings Guidance for the Year 2014; Provides Earnings Guidance for the First Quarter and Full Year of 2015
Jan 12 15
Emergent BioSolutions, Inc. provided earnings guidance for the year 2014. Net income on an adjusted basis is expected to range $53 million to $55 million, or $1.42 to $1.47 per basic share, on total revenues of $445 million to $450 million. The firm estimates it will have approximately $280 million in cash and cash equivalents at year-end 2014.
The company is aiming for first quarter of 2015 non-GAAP adjusted net income of $60 million to $70 million on total revenues of $90 million to $105 million.
For 2015, the company is targeting revenue in the range of $510 to $540 million. Adjusted net income is seen at $60 million to $70 million. GAAP net income expected to be in the range of $50 million to $60 million.
Emergent BioSolutions, Inc. Presents at Cowen and Company 35th Annual Healthcare Conference, Mar-02-2015 02:10 PM
Jan 12 15
Emergent BioSolutions, Inc. Presents at Cowen and Company 35th Annual Healthcare Conference, Mar-02-2015 02:10 PM. Venue: The Boston Marriott Copley Place, Boston, Massachusetts, United States.
Emergent BioSolutions, Inc. Presents at Noble Financial Capital Markets Eleventh Annual Investor Conference, Jan-20-2015 03:00 PM
Jan 7 15
Emergent BioSolutions, Inc. Presents at Noble Financial Capital Markets Eleventh Annual Investor Conference, Jan-20-2015 03:00 PM. Venue: Club Med, Sandpiper Bay, Florida, United States.