Lannett Reports Solid Fiscal 2016 Third Quarter Results
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Lannett (LCI) Gains Early Following Q3 'Beat'
May 4, 2016 9:45 AM EDTLannett (NYSE: LCI) is strong off the open on better-than-expected Q3 results. Shares are up 10.7%.
Lannett reported Q3 EPS of $0.75, $0.12 better than the analyst estimate of $0.63. Revenue for the quarter came in at $164 million versus the consensus estimate of $161.61 million.
... MoreLannett (LCI) Tops Q3 EPS by 12c; Maintains Q4 View
May 3, 2016 4:37 PM EDTLannett (NYSE: LCI) reported Q3 EPS of $0.75, $0.12 better than the analyst estimate of $0.63. Revenue for the quarter came in at $164 million versus the consensus estimate of $161.61 million.
"We continued with our strategy to enhance our near and longer term prospects," said Arthur Bedrosian, chief executive officer of Lannett. "In March, we met with a key former customer to attempt to... More
