Advansource Biomaterials Corporation Reports Earnings Results for the Third Quarter Ended December 31, 2018
February 20, 2019 at 12:09 am IST
AdvanSource Biomaterials Corporation announced earnings results for the third quarter ended December 31, 2018. For the third quarter, the company announced total revenue was USD 889,000 compared to USD 610,000 a year ago. Operating income was USD 228,000 compared to USD 50,000 a year ago. Net income was USD 134,000 compared to net loss of USD 44,000 a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to USD 0 a year ago. For the nine months, total revenue was USD 2.272 million compared to USD 1.988 million a year ago. Operating income was USD 350,000 compared to operating loss of USD 171,000 a year ago. Net income was USD 68,000 compared to net loss of USD 460,000 a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.02 a year ago.