EARNINGS: Hi-tech Pharmacal of Amityville
Hi-Tech Pharmacal Co. Inc.,AmityvilleSpecialty pharmaceutical manufacturer
Year: Ended April 30
Net income: $31.1 million compared with $9.8 million last year.
Net sales: $163.7 million compared with $108.7 million in fiscal 2009.
Outlook: Citing the company's generic and branded business, chief executive David Seltzer said, "We are very excited about our future. We believe that our pipeline of products and our strong balance sheet will continue to facilitate the growth of the company."
Company statement: "We are very pleased with results for the fourth quarter and year end as we reported the best results ever in the company's history."
Tax hike in town's proposed budget ... Residents sue over industrial park plan ... Attacks ads targeting Suozzi paused ... Out East: McCall Wines
Tax hike in town's proposed budget ... Residents sue over industrial park plan ... Attacks ads targeting Suozzi paused ... Out East: McCall Wines
