Finance

Cell Robotics reports fourth quarter and year-end results

Published in Gene Therapy Weekly, May 9th, 2002

Cell Robotics International, Inc., (CRII) reported increases in annual revenues for both the year and the fourth quarter ended December 31, 2001, over the same periods in 2000.

Annual revenues for the year ended December 31, 2001, increased 59%, or $591,981 to $1,599,044 compared with revenues of $1,007,063 in fiscal 2000.

The company's fourth quarter revenues increased $214,113, or 88% to $457,768 in 2001 compared with revenues of $243,655 in the fourth quarter of 2000. The net loss for 2001 was $2.7 million, or $0.27 per share, compared with a net loss in 2000 of $5.04 million, or $0.54 per share.

The company is the developer...

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Source: Gene Therapy Weekly (2002-05-09)

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