Cambrex (CBM) good earnings

Up yesterday in anticipation and up 15% again today on big volume. A small ray of sunshine in the current downpour.

7:08 am Cambrex beats by $0.16 , reports revs in-line; guides FY16 EPS, gross revs (CBM) :

Reports Q4 (Dec) earnings of $1.01 per share, $0.16 better than the Capital IQ Consensus of $0.85; revenues rose 20.8% year/year to $156.19 mln vs the $156.94 mln Capital IQ Consensus.
Co issues guidance for FY16, sees EPS of $2.46-2.58 vs. $2.41 Capital IQ Consensus Estimate; sees FY16 gross revs of ~$468.57-485.92 mln (+8-12%), may not be comparable to $484.23 mln Capital IQ Consensus Estimate. Additional FY16 guidance includes: Adjusted EBITDA $142 - $148 million, Free cash flow $60 - $70 million, Capital expenditures $70 - $75 million

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