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Cumberland Pharmaceuticals Reports Second Quarter 2021 Financial Results & Company Update

Cumberland Pharmaceuticals Reports Second Quarter 2021 Financial Results & Company Update
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Cumberland Pharmaceuticals Reports Second Quarter 2021 Financial Results & Company Update

Cumberland Pharmaceuticals Reports Second Quarter 2021 Financial Results & Company Update
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United States , Cumberland Vibativ , John Hamm , Cumberland Vaprisol , Life Sciences Center , Virginia University , Pharmacy At Healthspring Inc , Cumberland Pharmaceuticals Inc , Healthcare Inc , Us Small Business Administration , Cumberland Pharmaceuticals , Wheeling University , Vanderbilt University , Paycheck Protection Program , Pinnacle Bank , Health Outcome Predictive Evaluation , Drug Administration , Emdeon Inc , Master In Business Administration , Small Business Administration , Cumberland Emerging Technologies Inc , Prnewswire Cumberland Pharmaceuticals Inc , Corporate Development , Emdeon Business Services , Business Administration , Chief Executive Officer ,

Cumberland Pharmaceuticals Reports First Quarter 2021 Financial Results & Company Update

Cumberland Pharmaceuticals Reports First Quarter 2021 Financial Results & Company Update
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NASHVILLE, Tenn., May 11, 2021 /PRNewswire/
Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX), a specialty pharmaceutical company, today is providing a company update and first quarter 2021 financial results. Net revenues from continuing operations during the quarter were $10.5 million, a 26.5% increase over the prior year period. The company also recorded an additional $500,000 in revenue during the first quarter associated with divested product rights for two brands it is no longer distributing.
The Company s financial position included $93 million in total assets - with $25 million in cash, $46 million of total liabilities, and $47 million of shareholders equity at the end of the quarter. ....

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