Biomerica, Inc. (BMRA) Reports Q2 EPS of $0.02

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Go back to Biomerica, Inc. (BMRA) Reports Q2 EPS of $0.02

Biomerica Announces Second Quarter Financial Results; Sales up Over 22% for the Quarter

January 18, 2017 8:19 AM EST

IRVINE, CA -- (Marketwired) -- 01/18/17 -- Biomerica, Inc. (NASDAQ: BMRA) today reported net sales of $1,432,206 for the three months ended November 30, 2016, compared to $1,165,080 for the same period in the previous year, an increase of 22.9%. Net sales were $2,842,317 for the first six months of fiscal 2017 compared to $2,452,073 for the first six months in fiscal 2016, an increase of 15.9%.

Biomerica announced a net loss for the three months ended November 30, 2016 of $202,887, or $0.02 per share, versus a net loss of $66,768, or $0.01 per share, in the previous fiscal year during the same quarter. The previous year quarter... More