- Lannett press release (NYSE:LCI): Q1 Non-GAAP EPS of -$0.42 beats by $0.04.
- Revenue of $75.1M (-26.0% Y/Y) beats by $6.88M.
- Shares +4.4%.
- Gross Margin 17%, Adjusted Gross Margin 18%
- Net Sales, Gross Margin and Adjusted Gross Margin Increased from Preceding Quarter
- Cash Was $78 Million at September 30
- Sold Several Discontinued ANDAs for Approximately $3 Million