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-2.45996408451863E-05 -0.000627290841553781 0.00243536444367913 0.0104302477183833 0.0215000860987429 -0.00125458168310734 0.0109222405352883 0.0128902118029078
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Why Aceto Corporation's Shares Plunged 17% Today [The Motley Fool]

ACETO (ACET)  More Company Research Source: The Motley Fool
Last aceto earnings: 5/3 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: aceto.com/ir/index.html
PDF Weaker-than-expected guidance didn't leave investors with much reason to buy Aceto Corporation's shares today. Travis Hoium ( TMFFlushDraw ) Feb 2, 2018 at 12:17PM What happened  Shares of Aceto Corporation ( NASDAQ:ACET ) tumbled as much as 26.8% in trading Friday after the company reported fiscal second-quarter earnings. At 10:40 a.m. EST, the stock is bouncing near its low, down 26.1% on the day.  So what Quarterly revenue was up 36.4% to $171.2 million but net loss ballooned from $0.6 million a year ago to $13.9 million, or $0.39 per share. Adjusting for a tax loss from the December tax bill, adjusted net income was up 4.7% to $7.6 million, or $0.22 per share.  Image source: Getty Images. Revenue was in line with analyst estimates but earnings were a penny short of their forecast. Even more concerning is that full-year guidance o [Read more]

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