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American Bio Medica Corp.

Immunoassay maker reports 9.7% increase in sales

Published in Health Business Week, December 9th, 2005

American Bio Medica Corp. (ABMC) announced the unaudited results for the 3 and 9 months ending September 30, 2005.

Net sales for the third quarter of 2005 were $3,570,000 compared to $3,254,000 in the same quarter in 2004, representing an increase of $316,000 or 9.7%. For the 9 months ended September 30, 2005, net sales were $10,315,000, an increase of $796,000, or 8.4%, when compared to net sales of $9,519,000 reported for the first 9 months of 2004.

The company reported an operating profit of $312,000 for the third quarter of 2005 and $560,000 for the 9 months ending September 30, 2005, compared to operating profits of $312,000 for the third...

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