earnings
confidence high
sentiment positive
materiality 0.75
Elite Pharma Q2 FY2024 revenue $14.2M (+64.9% YoY); net income $14.9M (+886%)
ELITE PHARMACEUTICALS INC /NV/
2024-Q2 EPS reported
$0.02
revenue$23,137,261
- Consolidated revenue of $14.2M for Q2 ended Sep 30, 2023, up 64.9% YoY.
- Operating profit of $1.9M, up 78.1% from prior-year period.
- Net income attributable to common shareholders: $14.9M, an 886% increase.
- Growth driven by launch of Elite Laboratories label product line in June 2023 quarter.
- Conference call scheduled for Nov 15, 2023 at 11:30 AM EST.