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Caraco Pharmaceutical Laboratories, Ltd. Reports Results for the First Quarter of Fiscal Year 2009
Date:7/25/2008

3,818,002 3,402,667

Research and development costs 5,484,229 3,285,487

Operating income 14,281,180 9,179,624

Other income

Interest income 277,773 467,293

Other income 277,773 467,293

Net income before income taxes 14,558,953 9,646,917

Income taxes 5,118,888 1,131,701

Net income $9,440,065 $8,515,216

Net income per common share

Basic $0.29 $0.30

Diluted $0.23 $0.22

Weighted number of shares

Basic 32,677,391 28,348,201

Diluted 40,536,369 39,026,845


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SOURCE Caraco Pharmaceutical Laboratories, Ltd.
Copyright©2008 PR Newswire.
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