Significant Revenue Growth
Total revenue grew 32%, driven by a 25% increase in the ADHD portfolio and a 77% increase in the pediatric portfolio.
Positive Income from Operations
Income from operations was $2.4 million, marking the second quarter with positive income from operations in the company's history.
Record Net Income
Net income reached $4 million, compared to a $2.9 million loss in the year-ago quarter.
Improved Earnings Per Share
Basic earnings per share was $0.65, compared to a $0.52 loss in the previous year.
Increased Adjusted EBITDA
Adjusted EBITDA was $3.9 million, up from $0.9 million in the previous year.
Operational Efficiency
Operating expenses decreased by $1.6 million due to cost reduction initiatives.
Strong Performance of Aytu RxConnect
RxConnect continues to be a differentiator, with over 85% of scripts driven through its network.