Martek Biosciences (MATK) Had A Great Day Yesterday
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Martek Biosciences Corp (Nasdaq: MATK) performed well yesterday (rising over 15%) after it reported its fiscal fourth-quarter net income at $18.3 million, or 55 cents a share, up from $100,000, or less than 1 cent a share, in the same period a year earlier.
Martek\'s bottom line was boosted by a $10.8 million tax benefit. Martek\'s revenues grew more than 22% to $82 million in the three months ended Oct. 31.
Martek Biosciences Corporation develops omega-3 docosahexaenoic acid (DHA) products.
Martek\'s bottom line was boosted by a $10.8 million tax benefit. Martek\'s revenues grew more than 22% to $82 million in the three months ended Oct. 31.
Martek Biosciences Corporation develops omega-3 docosahexaenoic acid (DHA) products.
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