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Article: Biotech Research Laboratories Inc. reports results.
- Article from:
- PR Newswire
- Article date:
- November 9, 1989
CopyrightCOPYRIGHT 1989 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BIOTECH RESEARCH LABORATORIES REPORTS RESULTS
ROCKVILLE, Md., Nov. 9 /PRNewswire/ -- Biotech Research Laboratories, Inc. (NASDAQ/NMS: BTRL) today reported results for the third quarter and nine months ended Sept. 30, 1989.
For the third quarter, revenues decreased 14 percent to $4,180,484 from $4,848,362 in the same period last year; earnings decreased 53 percent to $261,239 or $0.04 per common share, compared to $556,025, or $0.09 per common share, in last year's third quarter.
For the nine months ended Sept. 30, 1989, revenues increased 2 percent to $13,301,333 from $13,003,541 for the same period last year; earnings, however, decreased ...