ACETO Corp (ACET) Tops Q1 EPS by 3c

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Go back to ACETO Corp (ACET) Tops Q1 EPS by 3c

ACETO Reports Fiscal 2016 First Quarter Results

November 5, 2015 5:00 PM EST

PORT WASHINGTON, N.Y., Nov. 5, 2015 (GLOBE NEWSWIRE) -- ACETO Corporation (Nasdaq: ACET), focused on the global marketing, sale and distribution of Human Health products, Pharmaceutical Ingredients and Performance Chemicals, announced today financial results for the first quarter of fiscal 2016 ended September 30, 2015.

First Quarter Fiscal 2016 versus First Quarter Fiscal 2015

Net sales of $133.5 million versus $130.8 million, a 2.1% increase Gross profit of $34.6 million versus $27.7 million, a 25.1% increase Net income of $9.3 million versus $4.8 million, a 92.6% increase Diluted EPS of $0.32 versus $0.17, an 88.2% increase Non-GAAP Adjusted Net Income of $11.0 million versus $6.6 million, a 66.4%... More