Taro Pharmaceutical Industries Ltd. reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was USD 148.2 million compared to USD 130.5 million a year ago. Net income was USD 8.55 million compared to net loss of USD 2.81 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to basic loss per share from continuing operations of USD 0.07 a year ago.
For the six months, sales was USD 307.1 million compared to USD 287.16 million a year ago. Net income was USD 18.58 million compared to USD 11.27 million a year ago. Basic earnings per share from continuing operations was USD 0.49 compared to USD 0.3 a year ago.