Aceto gains on Q3 EPS above the Street
Shares of Aceto Corp. (Nasdaq:ACET) popped up in pre-market trading after the distributor of chemically derived pharmaceuticals, biopharmaceuticals, specialty chemicals and crop protection products posted fiscal third-quarter earnings Friday morning that trumped the consensus on Wall Street and posted sales that increased 29.5% from the year-ago quarter.
Shares gained 13%, or $0.91, to $7.81 in pre-market trading. For detailed price information and recent news stories about Aceto, click ACET.
About the Author
Reporter Jennifer Schonberger is based in SmallCapInvestor.com's Washington, D.C. bureau.
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