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Financials
Nyer Medical Group, Inc. Reports Revenues of $18.9 Million with Net Loss of $.03 per Share for 2nd Quarter Fiscal Year 2008
March 8th, 2008
Nyer Medical Group, Inc. (NASDAQ:NYER) reports results for the second quarter of fiscal year 2008. Revenues for the three months ended December 31, 2007 increased $1,168,011 or 6.6% to $18,905,092 from $17,737,081 as reported for the same period last year. Net loss for the three months ended December 31, 2007 was $98,023 or $.02 per share as compared to a net income of $108,059 or $.03 per share for the same period ended December 31, 2006. There were one-time costs related to the acquisition of the minority interest in the pharmacy segment and final penalty payments made to the minority shareholders of $419,100 or $.11 per share. The pharmacies segment's revenues...
Source: Law & Health Weekly (2008-03-08)
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