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Taro: Fiscal Q1 Earnings Snapshot


Taro: Fiscal Q1 Earnings Snapshot
July 27, 2021
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HAIFA BAY, Israel (AP) Taro Pharmaceutical Industries Ltd. (TARO) on Tuesday reported a loss of $18.8 million in its fiscal first quarter.
On a per-share basis, the Haifa Bay, Israel-based company said it had a loss of 50 cents. Earnings, adjusted for non-recurring costs, came to $1.09 per share.
The drug maker posted revenue of $147.1 million in the period.
Taro shares have fallen nearly 4% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $70.74, an increase of nearly 9% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TARO at https://www.zacks.com/ap/TARO ....

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Taro Announces Resignation of Chief Financial Officer


Taro Announces Resignation of Chief Financial Officer
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Taro Announces Resignation of Chief Financial Officer
HAWTHORNE, N.Y. (BUSINESS WIRE) Taro Pharmaceutical Industries Ltd. (NYSE: TARO) (“Taro” or the “Company”) announced today that it has accepted the resignation of its Chief Financial Officer, Daphne Huang, effective August 6, 2021. Ms. Huang is leaving the Company in order to pursue other opportunities.
Mr. Uday Baldota, Taro’s CEO, stated, “On behalf of the Company, I want to thank Daphne for her valuable contributions including her efforts over the past year during the COVID-19 pandemic. We wish her the best in her future endeavors.” ....

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