Applied DNA Sciences (APDN) Misses Q2 EPS by 3c

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Go back to Applied DNA Sciences (APDN) Misses Q2 EPS by 3c

Applied DNA Sciences Reports Fiscal Second Quarter 2016 Financial Results

May 12, 2016 4:11 PM EDT

STONY BROOK, NY -- (Marketwired) -- 05/12/16 -- Applied DNA Sciences, Inc. (NASDAQ: APDN) (Twitter: @APDN) (Applied DNA) (the Company), a provider of DNA-based supply chain, anti-counterfeiting and anti-theft technology, product genotyping and product authentication solutions, announced financial results for the fiscal 2016 second quarter ended March 31, 2016.

"Our second quarter results reflect variability in the timing of purchase orders and contract awards. While revenue was lower than we planned, we continued to advance initiatives across our revenue-generating verticals to further entrench our anti-counterfeiting and authentication solutions with customers," stated Dr. James A. Hayward,... More