CIMA Reports Strong Fourth Quarter Revenues and Earnings.
Business Wire › February 22, 2001
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CIMA Reports Strong Fourth Quarter Revenues and Earnings.
Business Editors
MINNEAPOLIS--(BUSINESS WIRE)--Feb. 22, 2001 Record Full-Year 2000 Operating Results Driven by Transition to Higher-Margin Branded Prescription Products CIMA LABS INC. (Nasdaq NMS: CIMA) today reported operating revenues of $7.1 million for the fourth quarter of 2000 ended December 31, an increase of 61% from $4.4 million in the comparable period in 1999. Fourth quarter net income came to $3.2 million or $0.22 per diluted share, up substantially from $103,000 or $0.01 per diluted share in the year-earlier quarter. For full-year 2000, operating revenues totaled $23.9 million, an increase of 79% from $13.4 million in 19...See the full content of this document
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