Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

It’s a financial restatement exercise. The comparison to last year would need to be apples-to-apples. All wording in Q’s and K gets adjusted so it can be a lot of work ensuring commentary aligns with financials. They will dictate that Jan is beginning of fiscal year and include same comparison for prior year. The fiscal year will always have 4 quarter’s worth of info, for both current and prior year. I see your point, but they don’t report a shortened year. The months within the reported fiscal year just change.