ACETO Corp (ACET) Tops Q1 EPS by 1c

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Go back to ACETO Corp (ACET) Tops Q1 EPS by 1c

ACETO Reports Fiscal 2018 First Quarter Results

November 2, 2017 5:00 PM EDT

PORT WASHINGTON, N.Y., Nov. 02, 2017 (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 2018 ended September 30, 2017.

First Quarter Fiscal 2018 versus First Quarter Fiscal 2017

Net sales of $185.3 million versus $128.0 million, a 44.7% increaseGross profit of $40.0 million versus $30.8 million, a 29.7% increaseNet income of $0.5 million versus $4.4 million, a 89.6% decreaseDiluted EPS of $0.01 versus $0.15, an 93.3% decreaseNon-GAAP Adjusted Net Income of $10.7 million versus $8.3 million, a... More