PHILADELPHIA--(BUSINESS WIRE)--Lannett Company, Inc. (AMEX:LCI) today reported financial results for the fiscal 2007 third quarter and nine months ended March 31, 2007.
For the third quarter of fiscal 2007, net sales were $20.3 million, compared with $15.7 million for the fiscal 2006 third quarter. Net income was $0.2 million, or $0.01 per basic and diluted share. This compares with fiscal 2006 third quarter net income of $1.3 million, or $0.05 per basic and diluted share.
