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Food & Drug Law Weekly

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Finance



Misonix, Inc., reports record revenues and increased earnings



September 24th, 2004

Misonix, Inc., (MSON) reported financial results for the 3 and 12 months ended June 30, 2004.

Revenues for the 3 months ended June 30, 2004, were $10.8 million compared with $10.9 million for the same period in fiscal 2003. The company recorded net income for the quarter of $548,000, or $.08 per fully diluted share, compared to net income of $559,000, or $.08 per fully diluted share for the same period in fiscal 2003.

Medical device product revenues decreased 3% to $5.6 million and laboratory and scientific product revenues increased 1% to $5.2 million.

The decrease in medical device product revenues was attributed to an 18%...


Source: Food & Drug Law Weekly (2004-09-24)

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