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Article: Lannett Company Reports Fiscal 2006 First Quarter Financial Results.
- Article from:
- Business Wire
- Article date:
- November 8, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PHILADELPHIA -- Lannett Company, Inc. (AMEX:LCI) today reported its financial results for the fiscal 2006 first quarter ended September 30, 2005.
For the first quarter of fiscal 2006, net income totaled $1.6 million, or $0.07 per basic and diluted share, compared with net income of $1.3 million, or $0.05 per basic and diluted share, for the same period in the prior year. Net sales at $13.6 million reflected a sharp turnaround from a declining trend in recent quarters. For the first quarter of fiscal 2005, net sales totaled $15.0 million.
"After a challenging three quarters, we made excellent progress building our pipeline and adding solid margin products ...
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Article: LANNETT COMPANY, INC. ANNOUNCES FIRST-QUARTER ...
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700+ words
... ... PRNewswire/ -- Lannett Company, Inc. (OTC ... October 1992. Net sales for First Quarter ... R). Although net sales for First Quarter ... six products. LANNETT COMPANY, INC. Three ... unaudited) 1993 1992 Net sales $102,691 ...
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