Lannett Reports Fiscal 2017 Third-Quarter Financial Results

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Lannett (LCI) Misses Q3 EPS by 10c

May 2, 2017 5:00 PM EDT

Lannett (NYSE: LCI) reported Q3 EPS of $0.77, $0.10 worse than the analyst estimate of $0.87. Revenue for the quarter came in at $165.72 million versus the consensus estimate of $170.5 million.

"Net sales in our fiscal 2017 third quarter increased compared with the same quarter last year, largely due to volume increases,... More