Forest Laboratories Reports Growth in Q1 Revenue
Posted on: Wednesday, 23 July 2008, 12:01 CDT
Forest Laboratories has reported total revenue of $966.84 million for the first quarter of fiscal 2009, an increase of 4.2% compared to total revenue of $928.3 million for the same quarter of fiscal 2008.
The company posted net sales of $893.74 million in the first quarter of fiscal 2009, an increase of 6.1% compared to $842.61 million reported for the corresponding period of fiscal 2008.
Net income in the first quarter of fiscal 2009 was $242.92 million, a decrease of 9.4% compared to $268.2 million reported for the first quarter of fiscal 2008.
Howard Solomon, chairman and CEO of Forest, said: "We are pleased with the financial performance of the company reported this quarter, striking the balance between delivering a meaningful level of earnings per share and continuing to support and advancing a very significant product pipeline while also supporting our currently marketed products including the recently launched product, Bystolic."
Source: Datamonitor
Related Articles
- Longtop Financial Technologies Limited to Release Financial Results on November 16, 2009, for its Second Fiscal Quarter Ended September 30, 2009
- Uroplasty to Issue Second Fiscal Quarter Results on November 2, 2009
- New Oriental Announces Results for the First Fiscal Quarter Ended August 31, 2009
- Mass Megawatts Reports Results for Fiscal Quarter Ended July 31, 2009
- Notify Technology Reports Results for the Fiscal Quarter Ended June 30, 2009
- Uroplasty to Issue First Fiscal Quarter Results on August 3, 2009
- Longtop Financial Technologies Limited to Release Financial Results on August 18, 2009, for its First Fiscal Quarter Ended June 30, 2009
- United Refining Company Announces Results of the Third Fiscal Quarter Ended May 31, 2009
- Notify Technology Reports Results for the Fiscal Quarter Ended March 31, 2009
- New Oriental Announces Results for the Third Fiscal Quarter Ended February 28, 2009
 |
 |
User Comments (0)
RSS Feeds