BRIEF-Merus Labs reports Q3 2016 results

Mon Aug 15, 2016 7:13am EDT
 
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Aug 15 (Reuters) - Merus Labs International Inc :

* Merus Labs reports fiscal q3 2016 results

* Q3 revenue view c$27.2 million -- Thomson Reuters I/B/E/S

* Revenue increased to $25.7 million for fiscal q3 2016 from $9.5 million in prior year quarter

* Higher than planned expenses during second half of current fy to result in fiscal 2016 adjusted ebitda $43 million - $46 million

* For fiscal q3 2016, merus incurred a net loss of $5.1 million compared to a net loss of $1.8 million for prior year period Source text for Eikon: Further company coverage: