BRLI is the largest independent clinical lab in the New York area
and provides services in 17 states. They recently (9/12) reported
record revenue for 3Q:
1996 1995
Rev(mil) 8.9 8.1
Net/share .06 .05
They also announced acquisition of dialysis testing business from
SmithKline Beecham.
During 1Q ended 1/31/96, company lost .06/share due to harsh winter
weather in NE. If not for severe weather, company believes they would
have shown significant profit based on volume on non-weather affected
days. 2Q & 3Q have demonstrated their continued profitability and
revenue growth.
Current P/E is 16.2. If you consider 1Q loss an anomaly, then P/E
would be under 10. |
