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DewDiligence

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DewDiligence

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Re: DewDiligence post# 208169

Thursday, 02/09/2017 5:18:48 PM

Thursday, February 09, 2017 5:18:48 PM

Post# of 257262
TARO FY3Q17 sales -15% YoY—reflecting tough pricing environment in US generics industry:

http://finance.yahoo.com/news/taro-provides-results-december-31-220500795.html

Quarter ended December 31, 2016 Highlights - compared to December 31, 2015

• Net sales of $220.4 million, decreased $37.9 million, or 14.7%, the result of continuing increased competition and the challenging pricing environment. Overall volumes increased 1%.

• Gross profit of $167.3 million decreased $46.8 million, and as a percentage of net sales, was 75.9% compared to 82.9%.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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