Aceto Corp. Q4 Income Rises 85%

(RTTNews) - Aceto Corp. (ACET) released a profit for its fourth quarter that rose compared to the same period last year.

The company said its bottom line rose to $14.03 million, or $0.48 per share. This was up from $7.58 million, or $0.26 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 5.0% to $146.59 million. This was up from $139.58 million last year.

Aceto Corp. earnings at a glance:

-Earnings (Q4): $14.03 Mln. vs. $7.58 Mln. last year.

-Earnings Growth (Y-o-Y): 85.1%

-EPS (Q4): $0.48 vs. $0.26 last year.

-EPS Growth (Y-o-Y): 84.6%

-Revenue (Q4): $146.59 Mln vs. $139.58 Mln last year.

-Revenue Change (Y-o-Y): 5.0%