Some good news.
American Bio Medica Corp. Third-Quarter Revenue Increases 442 Percent to a New Record
Business Wire - March 18, 1999 08:20
HUDSON, N.Y.--(BUSINESS WIRE)--March 18, 1999--American Bio Medica Corp. (Nasdaq:ABMC) Thursday announced that revenue for the third quarter ended Jan. 31, 1999, increased 442 percent to a record $2,061,000 from $380,000 for the same period a year earlier.
The net loss was $604,000, or 4 cents per diluted share. This compares with a net loss of $1,003,000, or 7 cents per diluted share, for last year's third quarter.
For the nine months ended Jan. 31, 1999, revenue increased 266 percent to $5,142,000 from $1,405,000 for last year's first three quarters. The net loss was $1,095,000, or 8 cents per diluted share, compared with a net loss of $2,135,000, or 16 cents per diluted share, a year ago. |
