Cumberland Pharmaceuticals (CPIX) Reports Q3 Loss of $0.11

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Cumberland Pharmaceuticals Reports Third Quarter 2018 Financial Results

November 13, 2018 4:05 PM EST

NASHVILLE, Tenn., Nov. 13, 2018 /PRNewswire/ -- Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX), a specialty pharmaceutical company focused on hospital acute care, gastroenterology, and oncology supportive care today announced third quarter 2018 financial results and Company update. Cumberland has a portfolio of eight U.S. Food and Drug Administration (FDA) approved brands. Net revenues for the quarter were $8.5 million. At the end of the third quarter, Cumberland had $87 million in total assets, including approximately $48 million in cash and marketable securities.

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