Fri, Aug 2, 10:45 AM (88 days ago)
Perrigo Company plc released its earnings for the second quarter ending June 29, 2024. The company reported non-GAAP financial measures to provide a clearer view of its operational performance by excluding items like amortization, restructuring charges, impairment charges, and acquisition-related expenses. These adjustments help in comparing financial results across periods and against peers. Key adjustments for Q2 2024 included amortization expenses, restructuring charges, impairment charges, unusual litigation, infant formula remediation, and acquisition-related charges. Similar adjustments were made for the same period in 2023. The company emphasizes that these non-GAAP measures should be considered alongside GAAP financial statements for a comprehensive understanding. The report, signed by CFO Eduardo Bezerra, includes a press release with detailed earnings information.