EARNINGS: Aceto Corp., Lake Success
Aceto Corp., Lake Success
pharmaceutical and chemical distributor
Quarter: Ended March 31
Net income: Profit of $3.8 million, compared with $1.9 million in the year-ago quarter.
Net revenue: $99.3 million, compared with $79.8 million in the same quarter in 2009.
Outlook: "The results that we have reported . . . with increased sales across all of our business segments, gives us encouragement that an upturn in our business is at hand," Vincent Miata, chief executive and president, said.
Company statement: "Over the past several months we have restructured the way Aceto manages its operations into more of a vertically integrated, global-team matrix. . . . This realigned structure is beginning to take hold, and we believe that Aceto is well- positioned for future growth," Miata said.
Out East with Doug Geed: Wine harvests, a fish market, baked treats and poinsettias NewsdayTV's Doug Geed visits two wineries and a fish market, and then it's time for holiday cheer, with a visit to a bakery and poinsettia greenhouses.
Out East with Doug Geed: Wine harvests, a fish market, baked treats and poinsettias NewsdayTV's Doug Geed visits two wineries and a fish market, and then it's time for holiday cheer, with a visit to a bakery and poinsettia greenhouses.
