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0.0661538461538463 0.0661538461538463 0.0282051282051282 0.0661538461538463 0.0124615384615384 0.0153846153846153 0.00205128205128197 -0.00102564102564105
Stock impact report

Elite Pharmaceuticals Inc Reports Significant Revenue and Operating Profit Growth in Q3 Fiscal 2024 [Yahoo! Finance]

Elite Pharmaceuticals, Inc. (ELTP) 
NASDAQ:AMEX Investor Relations: ir.elitepharma.com
Company Research Source: Yahoo! Finance
Operating Profit : Grew by 80% to $3.5 million, driven by sales of Elite Laboratories label products. Product Launch : The growth was primarily attributed to the successful launch of new label products during the current fiscal year. Conference Call : Scheduled for February 15, 2024, to discuss financial results and business developments. Financial Statements : Available for review on Elite's Form 10-Q filing. Warning! GuruFocus has detected 4 Warning Sign with ELTP. On February 14, 2024, Elite Pharmaceuticals Inc ( ELTP ) released its 8-K filing , announcing the financial results for the third quarter of the fiscal year 2024, which ended on December 31, 2023. The company, known for its development, manufacture, and distribution of niche generic pharmaceutical products, reported a substantial increase in both revenue and operating profits. Financial Performance Highlights ELTP's consolidated revenues for the three-month period reached $15.5 million, marking a notable in Show less Read more
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