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Article: Cambrex Corporation reports increased third-quarter 1990 earnings.
- Article from:
- PR Newswire
- Article date:
- October 23, 1990
CopyrightCOPYRIGHT 1990 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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CAMBREX CORPORATION REPORTS INCREASED THIRD QUARTER 1990 EARNINGS
EAST RUTHERFORD, N.J., Oct. 23 /PRNewswire/ -- Cambrex Corporation (NASDAQ: CBAM), a manufacturer of specialty chemicals, today reported net income of $0.5 million for the third quarter ended Sept. 30, 1990, compared with $0.4 million reported in the third quarter of 1989.
Net revenues for the third quarter were $31.7 million, compared with $33.7 million reported in the third quarter of 1989.
On a per share basis (fully diluted) the company reported net income equal to 11 cents compared with 7 cents in the third quarter of 1989.
Revenue increases in Agricultural ...