Published in Lab Law Weekly, August 24th, 2007
Second Quarter 2007 Financial Results
Revenues increased 66% to $30.1 million from $18.1 million for the second quarter of 2006. Gross profit margin increased 490 basis points to 63.3% of total revenues compared with 58.4% for the same period in 2006. Second quarter 2007 net income was $2.7 million, or $0.21 per diluted share, compared with net income of $1.4 million, or $0.12 per diluted share, in the second quarter of 2006.
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Source: Lab Law Weekly (2007-08-24)
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