HAIFA BAY, Israel (AP) — HAIFA BAY, Israel (AP) — Taro Pharmaceutical Industries Ltd. (TARO) on Monday reported net income of $15.1 million in its fiscal fourth quarter.

On a per-share basis, the Haifa Bay, Israel-based company said it had net income of 40 cents. Earnings, adjusted for non-recurring costs, came to 43 cents per share.

The drug maker posted revenue of $164.9 million in the period.

For the year, the company reported profit of $53.9 million, or $1.43 per share. Revenue was reported as $629.2 million.

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