Rochester,NY 8/9/2009 1:09:41 AM
King Pharmaceuticals, Inc.KG-profit drops, but results top and weighs in the balance
King Pharmaceuticals, Inc.
Aug 6 - King Pharmaceuticals Inc (KG.N) showed a unexpexpected quarterly profit on Thursday, helped by strong income and cost savings from its Alpharma acquisition, and shares raised by 3.7 percent.
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Net revenue dipped to $37.9 million, or 15 cents per share, from $40.8 million, or 17 cents per share, one year back.
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