Updated Mar. 5, 2010 at 9:26 a.m.
Cornerstone Therapeutics tops $100 million in revenue
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(Note: This story has been revised.)
Local Tech Wire
CARY, N.C. – Lifted by a 48 percent jump in fourth quarter net revenues, Cornerstone Therapeutics (Nasdaq: CRTX) topped $100 million in revenue for the first time in 2009.
For the year, Cornerstone generated $109.6 million, up 70 percent compared to 2008.
Cornerstone reported its financials before the markets opened Thursday.
Cornerstone shares closed at $5.73, up 47 cents on the day.
Copyright 2012 WRAL Tech Wire. All rights reserved.
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