Elite Pharmaceuticals Inc (ELTP) Q2 2025 Earnings Call Highlights: Strong Revenue Growth and ... [Yahoo! Finance]
Elite Pharmaceuticals, Inc. (ELTP)
NASDAQ:AMEX Investor Relations:
ir.elitepharma.com
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Source: Yahoo! Finance
Elite Pharmaceuticals Inc ( ELTP ) reported a 33% increase in quarterly revenues, reaching $18.9 million compared to the previous year. Year-to-date revenues increased by 63%, totaling $37.7 million, indicating strong financial growth. Operating income saw a significant rise, with an 81% increase for the quarter and a 108% increase for the six months year-to-date. The company successfully launched new products, including methotrexate and codeine Apap, with more launches planned, indicating a robust product pipeline. Elite Pharmaceuticals Inc ( ELTP ) achieved a positive cash flow of $4.6 million for the six months ended September 2024, a $7.5 million turnaround from the previous year. The generic pharmaceuticals market remains highly competitive, which may impact pricing and sales variability. There are ongoing challenges with API supply, affecting the launch schedule of certain products. The company's liabilities increased by $11 million, primarily due to derivative li
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ELTP
News
- Elite Pharmaceuticals' Stock Up Despite Q2 Earnings Decline [Yahoo! Finance]Yahoo! Finance
- Elite Pharmaceuticals receives FDA approval on its NDA for ADHD treatment [Seeking Alpha]Seeking Alpha
- Elite Pharmaceuticals Receives FDA Approval for Generic Vyvanse [Yahoo! Finance]Yahoo! Finance
- Elite Pharmaceuticals reports Q2 results [Seeking Alpha]Seeking Alpha
- Elite Pharmaceuticals' Generic Adderall(R) Receives Marketing Approval from the Israeli Ministry of Health [Yahoo! Finance]Yahoo! Finance
ELTP
Sec Filings
- 11/18/24 - Form 8-K
- 11/14/24 - Form 8-K
- 11/14/24 - Form 10-Q
- ELTP's page on the SEC website