Aceto Corp. Reports 24% Rise In Q3 Earnings

(RTTNews) - Aceto Corp. (ACET) reported earnings for its third quarter that rose from last year.

The company said its bottom line climbed to $12.47 million, or $0.42 per share. This was up from $10.04 million, or $0.34 per share, in last year's third quarter.

The company said revenue for the quarter rose 8.3% to $157.93 million. This was up from $145.80 million last year.

Aceto Corp. earnings at a glance:

-Earnings (Q3): $12.47 Mln. vs. $10.04 Mln. last year. -Earnings Growth (Y-o-Y): 24.2% -EPS (Q3): $0.42 vs. $0.34 last year. -EPS Growth (Y-o-Y): 23.5% -Revenue (Q3): $157.93 Mln vs. $145.80 Mln last year. -Revenue Change (Y-o-Y): 8.3%