Article: Lannett Company Reports Fiscal 2006 First Quarter Financial Results.

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 ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!