Cumberland Pharmaceuticals (CPIX) Reports Q3 EPS of $0.04

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Cumberland Pharmaceuticals Reports Third Quarter & Year To Date 2015 Financial Results

November 3, 2015 4:05 PM EST

NASHVILLE, Tenn., Nov. 3, 2015 /PRNewswire/ -- Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX), a specialty pharmaceutical company focused on hospital acute care and gastroenterology, today announced third quarter 2015 financial results with Net Revenues of $7.9 million and Adjusted Earnings of $0.7 million or $0.04 per share. Net Revenues for the first nine months of 2015 were $25.5 million with Adjusted Earnings of $3.8 million or $0.22 per share.

As of September 30, 2015 the Company had approximately $92 million in total assets including approximately $53 million in cash and investments. Total Liabilities were $14.5 million... More