Lannett (LCI) Will Review FY16 Projects Due to Market Weakness

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Go back to Lannett (LCI) Will Review FY16 Projects Due to Market Weakness

Lannett Provides Business Update

March 14, 2016 6:00 AM EDT

PHILADELPHIA, March 14, 2016 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI) today announced that, as others in its industry have recently reported, it is experiencing unanticipated market softness. As a result, the company is reviewing its sales projections for fiscal 2016. Following the review and if appropriate, the company expects to issue updated fiscal 2016 full-year guidance by the end of next week.

"We are reviewing a number of factors that have or are expected to impact our business in the... More