Bio-reference Labs, Inc. (BRLI) Misses Q1 EPS by 8c (Earlier)

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Go back to Bio-reference Labs, Inc. (BRLI) Misses Q1 EPS by 8c (Earlier)

Bio-Reference Laboratories, Inc. Reports Over 15% Increase in Revenue; Net Income Up Over 100%, Year Over Year

March 5, 2015 8:30 AM EST

ELMWOOD PARK, N.J., March 5, 2015 (GLOBE NEWSWIRE) -- Bio-Reference Laboratories, Inc. (Nasdaq: BRLI) announces first quarter results. Except for per share data or where otherwise noted, numbers are in thousands.

The Company recorded Q1FY15 revenues of $208,833, an increase of 15% over the $181,270 recorded in Q1FY14. Net income before taxes in Q1FY15 totaled $11,504, an increase of 119% compared with net income before taxes of $5,255 in Q1FY14. Net income after tax for Q1FY15 totaled $6,633, or $.24 per share, as compared with $2,954, or $.11 per share, in Q1FY14. The Company noted in Q1FY14... More