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Business & Finance
Avitar reports loss of $0.80 per share
January 29th, 2007
Avitar, Inc., (AVTI) has released its financial results for the 3 and 12 months ended September 30, 2006. For the year ended September 30, 2006, Avitar reported revenues of $4,925,000 from continuing operations, compared with $4,509,000 from continuing operations for the year ended September 30, 2005. The net loss was $3,703,000, or $0.80 a share, for the year ended September 30, 2006, compared with a net loss of $2,433,000, or $1.53 a share for the year ended September 30, 2005. Revenues from continuing operations for the fourth quarter of fiscal 2006 were $1,412,000 compared with $1,285,000 from continuing operations in the prior year's fourth...
Source: Biotech Business Week (2007-01-29)
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