Advansource Biomaterials Corporation Reports Earnings Results for the Second Quarter Ended September 30, 2019
November 13, 2019 at 04:15 pm EST
AdvanSource Biomaterials Corporation announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced total revenue was USD 763,000 compared to USD 794,000 a year ago. Operating income was USD 152,000 compared to USD 119,000 a year ago. Net income was USD 12,000 compared to USD 25,000 a year ago. For the half year, total revenue was USD 1.627 million compared to USD 1.384 million a year ago. Operating income was USD 329,000 compared to USD 122,000 a year ago. Net income was USD 95,000 compared to net loss of USD 66,000 a year ago.