Cumberland Pharmaceuticals (CPIX) Tops Q2 EPS by 15c

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Cumberland Pharmaceuticals Reports Second Quarter 2021 Financial Results & Company Update

August 10, 2021 4:05 PM EDT

NASHVILLE, Tenn., Aug. 10, 2021 /PRNewswire/ -- Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX), a specialty pharmaceutical company, today is providing a company update and second quarter 2021 financial results. Net revenues from continuing operations during the quarter were $9.1 million and totaled $19.6 million for the first half of 2021. The company also recorded an additional $500,000 in revenue during the second quarter and $1 million year to date, associated with divested product rights for two brands it is no longer distributing.

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