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Stock impact report

Veru Reports Strong Net Revenues and Gross Profit for Fiscal 2018 Fourth-Quarter

Veru Inc. (VERU) 
Last veru inc. earnings: 2/12 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: verupharma.com/investors
Company Research Source: GlobeNewswire
-- Advancing Multiple Drug Candidates, Two Drugs Currently in Clinical Trials, Company Transforming into Biopharmaceutical with Focus on Prostate Cancer, Successfully Completes Stock Offering, Awarded Large FC2 Tender -- Company to Host Investor Conference Call on Thursday, December 13, 2018, 8 a.m. ET MIAMI, Dec. 13, 2018 (GLOBE NEWSWIRE) -- Veru Inc. (NASDAQ: VERU) today announced its financial results for the fiscal (FY) 2018 fourth-quarter and full-year ended September 30, 2018. “Our fiscal 2018 fourth-quarter and full-year financial results improved significantly driven by increased US demand for the FC2 Female Condom / FC2 Internal Condom® (FC2) and improving gross profit,” said Mitchell Steiner, M.D., Chairman, President and Chief Executive Officer of Veru.  For the fiscal 2018 fourth quarter, net revenues increased 41% to $5.2 million and gross profit grew by 78% to $3.2 million over the prior-year period.” “We continue to see increasing US Rx demand and related improvin Show less Read more
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