<PAGE>
FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
January 20, 1998
ROBERTS PHARMACEUTICAL CORPORATION
- -----------------------------------------------------------------
(exact name of registrant as specified in its charter)
NEW JERSEY 1-1-432 22-2429994
- ---------------- ----------- --------------
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
Meridian Center II
4 Industrial Way West
Eatontown, New Jersey 07724
- -------------------------------------------------------------------
(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code: 732-389-1182
Meridian Center II
4 Industrial Way West
Eatontown, New Jersey 07724
- -------------------------------------------------------------------
(Former name or former address, if changed from last report)
<PAGE>
- 2 -
Item 5. Other Events
------------
Roberts Pharmaceutical Corporation announced today that, based on
preliminary unaudited data, the Company expects per share earnings
for the fourth quarter of 1997 to be in the range of $0.07 to
$0.09, significantly exceeding the FIRST CALL(R) consensus estimate
of $0.05.
Additionally, Roberts expects revenues for the fourth quarter ended
December 31, 1997 to be in the order of $35 million to $37 million,
up sharply from $28.6 million in the third quarter of 1997 and well
ahead of the $32.4 million in the fourth quarter of 1996.
The Company commented that the increase in fourth quarter earnings
is due to several factors, including an improvement in operating
margins as well as an advance in revenues, particularly in the
sales of the Company's products ProAmatine(R) and Agrylin(TM).
Other accomplishments for the Company in 1997 include the expansion
of the senior management team and the acquisition of a
manufacturing facility in line with the Company's strategy to
position itself as a fully integrated pharmaceutical company.
The Company also noted continued balance sheet strength with the
unaudited data indicating year-end 1997 cash and securities in the
order of $83 million, a current ratio in excess of 3 to 1,
shareholders' equity approximating $318 million, and total
liabilities at about 15% of equity.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
ROBERTS PHARMACEUTICAL CORPORATION
----------------------------------
(Registrant)
Date: January 22, 1998 By: /s/ Anthony A. Rascio
-------------------------
Anthony A. Rascio
Vice President
