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Stock impact report

Cumberland Pharmaceuticals Reports Annual 2023 Financial Results [Yahoo! Finance]

Cumberland Pharmaceuticals Inc. (CPIX) 
Last cumberland pharmaceuticals inc. earnings: 3/18 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/cpix/index.cfm
Company Research Source: Yahoo! Finance
March 5, 2024 /PRNewswire/ -- Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX), a specialty pharmaceutical company, announced today that its product portfolio of FDA-approved brands delivered combined revenues of $40 million in 2023 and provided $6 million in cash generated from operations. Cumberland ended the year with $82 million in total assets – including $18 million in cash, $53 million in liabilities and $30 million of shareholders' equity. "In many ways 2023 was a building year for Cumberland , as we continued to integrate our newest products, while also delivering several significant achievements," said Cumberland Pharmaceuticals CEO A.J. Kazimi . "We were pleased to expand the labeling for our Caldolor product to include use in infants, while continuing to build our other brands and progress our clinical programs." Cumberland will report its 2023 financial results and provide a Company update via a conference call today, March 5, 2024 , at 4:30 p.m. Eastern Time HIGHLI Show less Read more
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