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The guidance miss and lower revenue forecast have spooked investors, similar to past earnings shortfalls that led to swift stock declines in healthcare stocks.
What happened, with direct paths to the underlying reporting
Fiscal guidance missed expectations. Stock plunged sharply. Q4 sales beat estimates. EPS declined compared to last year. Sublocade sales increased. Generic competition hurt Suboxone revenue. Cost cuts announced. $50M reinvested in pipeline protection.
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