Elite Pharmaceuticals Inc (ELTP)

[RizZo]

Per our understanding reading our CEO comments. Correct.


Nasrat stated this last quarter:

Can you provide guidance for Q1, 2021 which is this quarter? Please provide some type of forecast for the next few quarters as we haven't had much information in the last five months.

I will share with you what I know and that is the quarter ending today we will hit the $7 million in revenues and that quarter would not have any profit splits from the ER, is that right, Carter? We don't see any profit splits this quarter.

Carter Ward

No. There should be some.

Nasrat Hakim

Yes, very minimal because of the launch, okay. So the quarter will end today. We will hit the $7 million. The last quarter was almost $5 million.

Carter Ward

Just under $5 million.

https://seekingalpha.com/article/4356443-elite-pharmaceuticals-inc-eltp-ceo-nasrat-hakim-on-q4-2020-results-earnings-call-transcript?page=5