Cumberland Pharmaceuticals (CPIX) Reports Q3 Loss of $0.07/sh
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Cumberland Pharmaceuticals Reports Third Quarter 2021 Financial Results & Company Update
November 9, 2021 4:05 PM ESTNASHVILLE, Tenn., Nov. 9, 2021 /PRNewswire/ --Â Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX), a specialty pharmaceutical company, today is providing a company update and third quarter 2021 financial results. Net revenues from continuing operations during the quarter were $8.1 million and totaled $27.7 million for the first nine months of 2021, up 1.8% compared to the same period in 2020. The company also recorded an additional $0.5 million in revenue during the third quarter and $1.5 million year to date, associated with divested product rights for two brands it is no longer distributing.
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