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Biotech / Medical : Utah Medical (UTMD)
UTMD 59.11+0.7%1:46 PM EST

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To: Clouseau who wrote (14)10/17/1996 10:39:00 AM
From: Steve Stuart   of 56
 
UTMD released earnings this morning: $.24 per share vs. last year's $.21.

As expected, sales were down from last year due to the loss of the Baxter sales. But since these are low-margin products, some small growth in other areas helped them keep the bottom line just about flat with last year. The share buybacks are responsible for the higher per-share earnings.

You can find the full release at biz.yahoo.com -- it's full of other good info.

-Steve
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