Aceto sales reach $100M in Q4, sets new quarterly record for the company

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Aceto Corporation (Nasdaq:ACET) reported ahead of the opening today that its fourth quarter fiscal 2008 sales had soared past $100 million, a new quarterly record for the company. The Lake Success, N.Y.-based chemically derived pharmaceutical provider said sales grew despite the difficult economic environment. Aceto will report its earnings for the full fiscal year and the fourth quarter ended June 30 sometime in early September.

In today’s pre-market trading, shares of Aceto are at $7.25, up $0.27 or 4% from Monday’s close. The stock has ranged from $5.79 to $9.82 during the past 52 weeks.

For detailed price information and recent news stories about Aceto Corporation, click ACET.