BMRA has not publicly reported their last quarter's (ending Nov. 30), at least I have not been able to find a press release anywhere. They did file their 10Q with the SEC; I've copied some of it below. This table is for the first 6 months of the fiscal year. For the quarter ended Nov. 30, BMRA earned only a penny a share, down from .03. For a complete reckoning go to the SEC's home page and search the Edgar database for BMRA's complete 10Q filed on January 14th. I wonder why BMRA chose not to comment in a press release?
PART I - FINANCIAL INFORMATION
SUMMARIZED FINANCIAL INFORMATION
<TABLE>
BIOMERICA, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
<CAPTION>
Six Months Ended
November 30,
1997 1996
------------- ------------- --------------
Net Sales............................. $ 4,856,966 $ 4,553,025 $
Cost of sales ....................... 2,870,085 2,595,976
-------------- ------------- ------------- ------------
Gross profit ........................ 1,986,881 1,957,049
-------------- ------------- ------------- ------------
Operating Expenses:
Selling, general and administrative . 1,583,714 1,551,104
Research and development ............ 275,166 124,995
-------------- ------------- -------------- -------------
1,858,880 1,676,099
-------------- ------------- ------------- -------------
Other Expense (income):
Interest expense .................... 17,074 31,879
Other (income), net ................. (91,826) (25,579)
-------------- ------------- ------------- -------------
Gain before minority interest in
net profits of consolidated
subsidiaries and income taxes ....... 202,753 274,650
Minority interest in net (profits)
of consolidated subsidiaries ........ (20,642) (25,918)
-------------- ------------ ------------ ------------
Income before taxes ................. 182,111 248,732
Income taxes ........................ 16,390 17,847
-------------- ------------- --------------
NET INCOME ......................... $ 165,721 $ 230,885 $
============== =============
Net income per share.................. $ .04 $ .07
============== =============
Weighted average
shares outstanding .................. 3,922,969 3,526,469
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