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American Bio Medica Corporation
American Bio Medica Announces Second Quarter 2008 Results
August 30th, 2008
American Bio Medica Corporation (NASDAQ:ABMC) announced unaudited financial results for the three and six month periods ending June 30, 2008. Net Sales for the second quarter of 2008 were $3,465,000, compared to $3,436,000 for the second quarter of 2007, representing an increase of $29,000, or 1%. For the six months ended June 30, 2008, net sales were $6,764,000, compared to $6,611,000 for the six months ended June 30, 2007, representing an increase of $153,000, or 2.3%. The Company attributes the increase in sales in both periods to growth in the national account and contract manufacturing divisions, which was offset by declines in the Company's government sales...
Source: Law & Health Weekly (2008-08-30)
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