Taro: Fiscal 1Q Earnings Snapshot
HAIFA BAY, Israel (AP) _ Taro Pharmaceutical Industries Ltd. (TARO) on Thursday reported fiscal first-quarter net income of $66.2 million.
On a per-share basis, the Haifa Bay, Israel-based company said it had net income of $1.72.
The drug maker posted revenue of $161.3 million in the period.
Taro shares have dropped slightly more than 1% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $83.53, a decline of 27% in the last 12 months.