Navigation Links
TPI Reports First Quarter Fiscal Year 2014 Financial Results
Date:11/15/2013

CHENGDU, China, Nov. 15, 2013 /PRNewswire/ -- Tianyin Pharmaceutical Inc. (NYSE Amex: TPI), a pharmaceutical company that specializes in the patented biopharmaceutical, modernized traditional Chinese medicine (mTCM), branded generics and active pharmaceutical ingredients (API) announced financial results for the first quarter fiscal year 2014.

First Quarter Fiscal Year 2014 Ended September 30, 2013 Financial Highlights:

  • Revenue was $14.8 million compared with $16.0 million in the first quarter fiscal year 2013, a decrease of 8.1% year over year;
  • Operating income was $2.2 million, compared with $2.1 million in the first quarter fiscal year 2013, an increase of 1.4% year over year;
  • Net Income was $1.5 million compared with $1.5 million in the first quarter fiscal year 2013;
  • Earnings per share of $0.05 per basic share, $0.05 per diluted share, compared with $0.05 per basic share, or $0.05 per diluted share in the first quarter fiscal year 2013; 
  • Cash and cash equivalents totaled $25.6 million on September 30, 2013;
  • Comparison of results for the three months ended September 30, 2013 and 2012:Three Months EndedSeptember 30,20132012(In millions)Sales$

    14.7$

    16.0Cost of sales$

    8.8$

    9.7Gross profit$

    6.0$

    6.2Total operating expenses$

    3.8$

    4.1Provision for income taxes$

    0.6$

    0.6Net income$

    1.5$

    1.5Less: Net (loss) attributable to noncontrolling interest$

    (0.0)$

    (0.0)Foreign currency translation adjustment$

    0.6$

    (0.1)Comprehensive income$

    2.1$

    1.4Sales for the quarter ended September 30, 2013 was $14.7 million, a decrease of 8.1% as compared to $16.0 million for the quarter ended September 30, 2012. The sales decrease reflected the continuous pricing pressure a
    '/>"/>

    SOURCE Tianyin Pharmaceutical Inc.
    Copyright©2012 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8 9 10

    Related medicine technology :

    1. Nephros Reports Third Quarter 2013 Financial Results and Completes Bridge Financing
    2. Vermillion Reports Third Quarter 2013 Results
    3. Global Radiopharmaceutical Market 2012-2016 Reports
    4. SPO Global Reports Results for Third Quarter 2013
    5. Palatin Technologies, Inc. Reports First Quarter Fiscal Year 2014 Results; Teleconference and Webcast to be held on November 14, 2013
    6. PTC Therapeutics Reports Third Quarter 2013 Financial and Corporate Results
    7. EntreMed Reports Third Quarter 2013 Financial Results
    8. Intercept Pharmaceuticals Reports Third Quarter 2013 Financial Results
    9. Simcere Pharmaceutical Group Reports Preliminary Unaudited Third Quarter 2013 Results
    10. Aratana Therapeutics Reports Third Quarter 2013 Financial Results
    11. Regulus Reports Third Quarter 2013 Financial Results and Recent Highlights
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:9/19/2014)... 2014  Lpath, Inc. (NASDAQ: LPTN ... announced today that it has entered into definitive ... stock and 3,605,042 unregistered warrants in a registered ... registered share of common stock and one unregistered ... stock will be $3.475.  The warrants have an ...
    (Date:9/19/2014)... ORLANDO, Fla. , Sept. 19, 2014  The ... grow, with the publication of two papers this past ... Otolaryngology – Head and Neck Surgery , finds ... objective and subjective measures of sleep disordered breathing, leading ... the reduction in obstructive sleep apnea severity and improvement ...
    (Date:9/19/2014)... , Sept. 19, 2014  Over 200 runners participated ... to Benefit the Radiation Oncology Institute (ROI), hosted by ... Golden Gate Park in San Francisco.  ... , CEO of Radiation Business Solutions, "but at ... raised over $70,000 for the ROI this year. This ...
    Breaking Medicine Technology:Lpath, Inc. Announces $12.5 Million Registered Direct Offering 2Lpath, Inc. Announces $12.5 Million Registered Direct Offering 3New Data shows Reductions in obstructive sleep apnea (OSA) severity and improvement of quality of life with Inspire therapy 2New Data shows Reductions in obstructive sleep apnea (OSA) severity and improvement of quality of life with Inspire therapy 3New Data shows Reductions in obstructive sleep apnea (OSA) severity and improvement of quality of life with Inspire therapy 4Fifth Annual 5K Run for the Future to Benefit the Radiation Oncology Institute Breaks Attendance, Donation Records 2Fifth Annual 5K Run for the Future to Benefit the Radiation Oncology Institute Breaks Attendance, Donation Records 3
    (Date:9/20/2014)... (PRWEB) September 20, 2014 Traditionally dentists have ... of South Charlotte Dentistry is re-visiting that advice ... the effects that coffee and wine have on oral health. ... studies determined that coffee may be beneficial in protecting against ... , The study on coffee was from the ...
    (Date:9/20/2014)... Earlier this week, Home Depot revealed that up to ... card information pilfered by hackers, surpassing the 40 million Target ... articles like this one published by Bloomberg on September ... , “Most people tend to focus on how many credit ... score a game,” says Joe Caruso, founder and CEO/CTO of ...
    (Date:9/20/2014)... (PRWEB) September 20, 2014 The Arizona ... College (MCC) is celebrating National Manufacturing Day by opening ... enhanced machining, processing and additive manufacturing labs will be ... 3, 2014 at MCC’s Southern and Dobson campus (1833 ... in southeast Lot D. , The AzAMI at MCC ...
    (Date:9/20/2014)... (PRWEB) September 20, 2014 The children ... the balanced and active play they need. An empty ... Center - Lakeview Campus was transformed into a kid-designed ... of 150+ volunteers from Branches (@BranchesFL), ESPN (@TeamESPN), Disney ... , KaBOOM! believes a playground is more than a ...
    (Date:9/19/2014)... PA (PRWEB) September 19, 2014 Are ... tissue because of problems with seasonal allergies or sinus ... a much better alternative. , She conceived of ... with having a runny nose in public. Since it ... it promotes more sanitary conditions, particularly when cooking or ...
    Breaking Medicine News(10 mins):Health News:South Charlotte Dentist, Dr. James Wells, is Changing His Advice on Coffee and Wine Drinking 2Health News:South Charlotte Dentist, Dr. James Wells, is Changing His Advice on Coffee and Wine Drinking 3Health News:Don’t Let Data Breach Fatigue Cause Dangerous Cyber Security Complacency 2Health News:Don’t Let Data Breach Fatigue Cause Dangerous Cyber Security Complacency 3Health News:Don’t Let Data Breach Fatigue Cause Dangerous Cyber Security Complacency 4Health News:Don’t Let Data Breach Fatigue Cause Dangerous Cyber Security Complacency 5Health News:National Manufacturing Day Open House at Mesa Community College Oct. 3 2Health News:Volunteers Improve Miami Kids’ Lives and Futures with Play 2Health News:Volunteers Improve Miami Kids’ Lives and Futures with Play 3Health News:Volunteers Improve Miami Kids’ Lives and Futures with Play 4Health News:Nasal Drip Eliminator Invented by InventHelp Client (LCC-218) 2
    ... relatively novel technique for pain relief has been developed ... which holds a lot of promise// in alleviating extreme ... Para Vertebral Neurolytic block, which is a concoction of ... when injected into the para vertebral space. This works ...
    ... a test that they say can detect the deadly ... exist, but they are expensive// and time-consuming. Time is ... 24 hours. ,Professor Peter Seeberger and his ... antibodies against the anthrax surface molecule. They then attached ...
    ... Asia and Pacific will be promoted by the Asian Development Bank ... ADB report released on Friday. ,The ADB will conduct ... grant of $1 million, to address a broad range of growing ... Asia's energy consumption taking a heavy toll on the environment, ADB ...
    ... giants, Coke and Pepsi have challenged on Friday the ban ... drinks// , in separate petitions before the Kerala High Court. ... states had imposed a limited restriction on the sales of ... New Delhi, The Centre for Science and Environment (CSE), which ...
    ... US has ruled on Thursday that tobacco companies could no ... judge though did rule in their favour by giving the ... of any costly quitting programmes. , ,US District ... industry had 'marketed and sold their lethal product with zeal, ...
    ... of incomplete vaccination on the poultry flocks could be the ... ,Scientists at the Universities of Edinburgh and Warwick have ... of spreading of the deadly strains of bird flu like ... The researchers have explained in their study that has been ...
    Cached Medicine News:Health News:Complete Vaccination Of Poultry Flock Essential to Check The Spread Of Avian Flu 2
    ... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
    ... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
    ... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
    ... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
    Medicine Products: