Taro: Fiscal Q1 Earnings Snapshot

Taro: Fiscal Q1 Earnings Snapshot
July 27, 2021
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HAIFA BAY, Israel (AP) _ Taro Pharmaceutical Industries Ltd. (TARO) on Tuesday reported a loss of $18.8 million in its fiscal first quarter.
On a per-share basis, the Haifa Bay, Israel-based company said it had a loss of 50 cents. Earnings, adjusted for non-recurring costs, came to $1.09 per share.
The drug maker posted revenue of $147.1 million in the period.
Taro shares have fallen nearly 4% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $70.74, an increase of nearly 9% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TARO at https://www.zacks.com/ap/TARO

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