Cumberland Pharmaceuticals (CPIX) Misses Q1 EPS by 14c, Revenues Miss

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Cumberland Pharmaceuticals Reports First Quarter 2020 Financial Results & Company Update

May 20, 2020 4:05 PM EDT

NASHVILLE, Tenn., May 20, 2020 /PRNewswire/ -- Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX), a specialty pharmaceutical company focused on hospital acute care and gastroenterology today provided a company update and announced first quarter 2020 financial results. Net revenues from continuing operations during the quarter were $8.3 million. Total revenues were $9.1 million, as the company recorded an additional $750,000 in revenue in the first quarter associated with divested product rights.

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