Medicine & Law Weekly
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Medicine & Law Weekly
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Aceto Corp.
Aceto announces earnings per share of $0.11
June 2nd, 2006
Aceto Corp. (ACET), a global distributor of chemically-derived pharmaceuticals, biopharmaceuticals, specialty chemicals and agrochemicals, announced results of operations for its fiscal 2006 third quarter and 9 months ended March 31, 2006. Net sales for the third quarter were $80.8 million, compared to $82.5 million in the third quarter of fiscal year 2005. The company's selling, general and administrative expenses decreased 18% from the third quarter of last year, producing a 43% increase in operating income to $4.1 million. Aceto reported net income of $2.8 million or $0.11 per diluted share, a 45% increase from $1.9 million or $0.08 per diluted share in the 2005...
Source: Medicine & Law Weekly (2006-06-02)
|
