Elite Pharmaceuticals Inc (ELTP): Nice to see the rev increase, but I thin...

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Re: snupoled post# 360359

Monday, 08/16/2021 11:23:51 PM

Monday, August 16, 2021 11:23:51 PM

Nice to see the rev increase, but I think margins increased due to the revenue decrease. It was from margin mix. Less revenues from mfg and more from licensing drove the higher margins. We had about $1M less in mfg revs, which is the primarily driven by Adderall revenue. Not sure the higher margins are a good thing and certainly wouldn’t be sustainable. Was hoping otherwise and then I dove into the data.

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