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Valeant to report first-quarter results on June 7

Published 05/31/2016, 06:54 PM
Updated 05/31/2016, 07:00 PM
© Reuters. The headquarters of Valeant Pharmaceuticals International Inc. seen in Laval Quebec
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(Reuters) - Valeant Pharmaceuticals Inc (TO:VRX) (N:VRX), which has come under scrutiny for its business and accounting practices, said on Tuesday it would host a conference call on June 7 to discuss first-quarter results.

The Beleaguered Canadian drugmaker reiterated that it expects to file its quarterly report with U.S. and Canadian regulators on or before June 10, ahead of a July 31 deadline.

The troubled drugmaker filed its 2015 financial report in late April, allaying concerns about a possible default on its debt of more than $30 billion.

© Reuters. The headquarters of Valeant Pharmaceuticals International Inc. seen in Laval Quebec

The company missed an original March 15 deadline, citing an in-house review of its accounting practices. The probe found problems dating back to 2014.

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