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Taro: Fiscal 4Q Earnings Snapshot

HAIFA BAY, Israel (AP) _ Taro Pharmaceutical Industries Ltd. (TARO) on Wednesday reported fiscal fourth-quarter earnings of $58.4 million.

On a per-share basis, the Haifa Bay, Israel-based company said it had profit of $1.52.

The drug maker posted revenue of $179.9 million in the period.

For the year, the company reported profit of $281.8 million, or $7.23 per share. Revenue was reported as $669.9 million.

Taro shares have risen 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $102.13, a decrease of 9% 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