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Taro: Fiscal 1Q Earnings Snapshot

HAIFA BAY, Israel (AP) _ Taro Pharmaceutical Industries Ltd. (TARO) on Thursday reported fiscal first-quarter net income of $66.2 million.

On a per-share basis, the Haifa Bay, Israel-based company said it had net income of $1.72.

The drug maker posted revenue of $161.3 million in the period.

Taro shares have dropped slightly more than 1% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $83.53, a decline of 27% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TARO at https://www.zacks.com/ap/TARO