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Financials
Escalon(R) Reports Second Quarter Fiscal 2008 Results
March 1st, 2008
Escalon Medical Corp. (NASDAQ:ESMC) announced results for its fiscal second quarter and six months ended December 31, 2007. For the second quarter of fiscal 2008, the Company reported improved sales in the Company's Drew, Vascular and Escalon Digital Solutions (EMI) business units, which increased approximately 16%, 10% and 36%, respectively, compared with the same period last fiscal year. Product revenue increased approximately $415,000, or 6%, to $7,450,000 during the three-month period ended December 31, 2007, compared with the same period in 2006. The Company reported net revenue of $7,495,080, a 1.8% decrease from the $7,636,740 reported in the prior year period....
Source: Law & Health Weekly (2008-03-01)
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