Aceto Corp. Profit Advances 30% In Q2

(RTTNews) - Aceto Corp. (ACET) revealed earnings for its second quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $10.67 million, or $0.36 per share. This was up from $8.22 million, or $0.28 per share, in last year's second quarter.

The company said revenue for the quarter rose 6.4% to $131.67 million. This was up from $123.77 million last year.

Aceto Corp. earnings at a glance:

-Earnings (Q2): $10.67 Mln. vs. $8.22 Mln. last year. -Earnings Growth (Y-o-Y): 29.8% -EPS (Q2): $0.36 vs. $0.28 last year. -EPS Growth (Y-o-Y): 28.6% -Revenue (Q2): $131.67 Mln vs. $123.77 Mln last year. -Revenue Change (Y-o-Y): 6.4%