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Cornerstone Therapeutics Inc. Reports Third Quarter 2013 Financial Results


11/8/2013 9:11:04 AM

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CARY, NC--(Marketwired - Nov 7, 2013) - Cornerstone Therapeutics Inc. (NASDAQ: CRTX)

• Record quarterly net revenue of $53.7 million, up 43% compared to the third quarter of 2012

• Diluted earnings per share of $0.31, up $0.26 per share compared to third quarter of 2012

• Gross margin of 76%, a sharp rise from 62% in third quarter of 2012

• Initiated sales of PERTZYE┬« (pancrelipase) and our generic equivalent of Tussionex┬« (hydrocodone polistirex and chlorpheniramine polistirex)

Cornerstone Therapeutics Inc. (NASDAQ: CRTX), a specialty pharmaceutical company focused on commercializing products for the U.S. hospital and adjacent specialty markets, today announced results for the third quarter ended September 30, 2013.

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