Published in Lab Business Week, March 29th, 2009
For the fourth quarter of 2008, net sales were $61.9 million, compared to $84.5 million in the fourth quarter of 2007. Net income in the fourth quarter of 2008 was $696,000, or $0.06 per diluted share, compared to net income of $2.5 million, or $0.21 per diluted share, in the prior year period.
Gross profit for the fourth quarter of 2008 was $8.9 million, or 14.4% of net sales, compared to $11.1 million, or 13.1% of net sales, in the fourth quarter of 2007.
For the fourth quarter of 2008, selling,...
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Source: Lab Business Week (2009-03-29)
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