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Link to Earnings report
Sales went down from 185m(Dec quarter) to 165m(Jan-march quarter)
Ebitda went down from 104m(Dec quarter) to 85m (adding the $22m litigation reserves)
The sales were down approx 10%. They also had litigation reserve/settlement of $22m. This appears to be some contractual price disagreements with wholesaler(s). I have asked IR what exactly this is. It does appear it is a one time adjustment.
Cash is now at a whopping $560m
There is an unconfirmed rumor that taro took price increases on 20 products in the end of march. I will investigate if this can be seen in April IMS data and post it.