Lannett (LCI) Tops Q3 EPS by 12c; Maintains Q4 View

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Lannett (LCI) Gains Early Following Q3 'Beat'

May 4, 2016 9:45 AM EDT

Lannett (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.

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