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Cumberland: Q4 Earnings Snapshot

Cumberland: Q4 Earnings Snapshot

By AP News
Published - Mar 05, 2024, 04:27 PM ET
Last Updated - Mar 05, 2024, 04:27 PM EST

NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Cumberland Pharmaceuticals Inc. (CPIX) on Tuesday reported a loss of $6.3 million in its fourth quarter.

On a per-share basis, the Nashville, Tennessee-based company said it had a loss of 44 cents. Losses, adjusted for non-recurring costs and stock option expense, were 11 cents per share.

The pharmaceutical company posted revenue of $9.4 million in the period.

For the year, the company reported a loss of $6.3 million, or 44 cents per share. Revenue was reported as $39.6 million.

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