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0.00608329433785683 0.00483543908906566 0.0294805802526906 0.0289190453907347 0.0294805802526906 0.0450163781001404 0.0552175947590079 0.0327562002807675
Stock impact report

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
Company Research 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 Show less Read more
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