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Stock impact report

ACETO Reports Fiscal 2018 Second Quarter Results

Adicet Bio, Inc. (ACET) 
Last adicet bio, inc. earnings: 5/3 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: aceto.com/ir/index.html
Company Research Source: GlobeNewswire
PORT WASHINGTON, N.Y., Feb. 01, 2018 (GLOBE NEWSWIRE) -- ACETO Corporation (NASDAQ:ACET), an international company engaged in the development, marketing, sale and distribution of Human Health products, Pharmaceutical Ingredients and Performance Chemicals, announced today financial results for the second quarter of fiscal 2018 ended December 31, 2017. Second Quarter Fiscal 2018 versus Second Quarter Fiscal 2017 Net sales of $171.2 million versus $125.6 million, a 36.4% increaseGross profit of $34.0 million versus $30.8 million, a 10.3% increaseNet loss of $13.9 million versus net loss of $0.6 millionNet loss includes $13.9 million of additional income tax expense associated with the Tax Cuts and Jobs Act (“TCJA”)Diluted EPS loss of $0.39 versus loss of $0.02Non-GAAP Adjusted Net Income of $7.6 million versus $7.3 million, a 4.7% increaseNon-GAAP Adjusted EPS of $0.22 versus $0.24, an 8.3% decrease Management Commentary “Our second fiscal quarter results reflect pr Show less Read more
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