ERBA Diagnostics (ERB) Reports In-Line Q1 EPS

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ERBA Diagnostics, Inc. Reports 2014 Financial Results; Announces Delay in Filing Quarterly Report on Form 10-Q

May 18, 2015 7:00 AM EDT

MIAMI LAKES, Fla., May 18, 2015 (GLOBE NEWSWIRE) -- ERBA Diagnostics, Inc. (NYSE MKT: ERB), a fully integrated in vitro diagnostics company, reported its financial results for the year ended December 31, 2014. Net income for the year ended December 31, 2014 was $450,000, compared to net income of $676,000 for the year ended December 31, 2013. Net revenues for the year ended December 31, 2014 were $26,392,000, compared to net revenues of $28,255,000 for the year ended December 31, 2013.

"2014 was a year of consolidation for ERBA Diagnostics, during which time we maintained profitability and set the stage for future top and bottom line growth," said Mohan Gopalkrishnan, Chief... More