Business & Finance

Corgenix reports record revenue for first quarter of fiscal year

Published in Lab Law Weekly, December 15th, 2006

Corgenix Medical Corporation (CONX), a worldwide developer and marketer of diagnostic test kits, reported sales of $1,694,112 for the first fiscal quarter ended September 30, 2006 compared with $1,634,953 for the quarter ended September 30, 2005, an increase of 3.6%.

The first quarter of fiscal 2007 produced an operating loss of $267,970 compared with operating income of $213,762 for the first quarter of fiscal 2006. The net loss for the quarter was $843,203, or $0.08 per share, compared with a net loss of $124,108, or $0.01 per share, in the year earlier quarter. The current net loss is primarily due to significant non-operating and non-cash charges attributable to the...

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Source: Lab Law Weekly (2006-12-15)

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