# Richards Group Posts 1.8% Q3 Revenue Growth After PharmaSystems Deal

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/44348
Published: 2026-10-30T06:40:32.000Z
Updated: 2026-10-30T06:40:32.000Z
Section: Business

> Gross margins rose 6.5% year over year, while Packaging revenue fell 7.3%, a smaller decline than in the first half.

Richards Group Inc. posted 1.8% year-over-year revenue growth in the third quarter of 2026, with contributions from its May acquisition of PharmaSystems providing the main lift.

Gross margins increased 6.5% from a year earlier, supported by a stronger Healthcare mix. Growth in Healthcare came from consumables and low-price capital equipment.

Packaging revenue declined 7.3% year over year. The decline was smaller than the 14.4% drop in the first half of 2026.