Bradley Pharmaceuticals 4Q Net 4c A Share Vs Loss 38c >BPRX
Dow Jones News Service ~ March 14, 1997 ~ 8:25 am EST
Bradley Pharmaceuticals Inc. - Fairchild, N.J.
4th Quar Dec. 31:
1996 1995
Sales $3,716,326 $2,615,679
Net income 272,679 (2,806,451)
Avg shrs 7,200,000 7,500,000
Shr earns
Net income .04 (.38)
Year:
Sales 12,769,266 10,621,061
Net income 1,598,507 (6,921,241)
Avg shrs 7,200,000 7,350,000
Shr earns
Net income .22 (.94)
Figures in parentheses are losses.
Bradley Pharmaceuticals Inc. (BPRX) said its 1996 results included costs of $1.6 million for a one-time legal settlement. The company's 1995 results included a $1.3 million charge for a change in trade price discounting and a $1 million adjustment, recorded in the fourth quarter, for reserves and allowances principally relating to trade price discounts, inventory and promotional materials.
Bradley Pharmacueticals makes and markets brandname prescription and
over-the-counter pharmaceutical and health-related products.
(END) DOW JONES NEWS 03-14-97
8:25 AM |
