Medicure Announces Change in Fiscal Year End and Provides One-Time Guidance on Quarterly Revenue

WINNIPEG, Dec. 18, 2014 (Canada NewsWire via COMTEX) Medicure Inc. ( Medicure or the Company ) (TSXV:MPH, OTCQB:MCUJF), a specialty pharmaceutical company, today announced that the Board of Directors has approved a change in the Company s fiscal year end to December 31. The change will result in a stub period from June 1, 2014, to December 31, 2014, and as a result of the change, the first full fiscal year will end on December 31, 2015. This change in year end from May 31 to December 31 is being made by the Company to better align the Company s financial reporting calendar with its industry peers and with most other companies trading on the TSX.V. The Company estimates net revenues to be $2.2 million during the three months ended November 30, 2014, which was previously defined as the second quarter, compared to $871,000 for the three months ended November 30, 2013, an increase of approximately 153%. Additionally, the Company expects positive earnings before interest, taxes, depreciati
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