Applied DNA Sciences (APDN) Misses Q1 EPS by 10c

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Go back to Applied DNA Sciences (APDN) Misses Q1 EPS by 10c

Applied DNA Sciences Reports Fiscal First Quarter 2017 Financial Results

February 9, 2017 4:06 PM EST

STONY BROOK, NY -- (Marketwired) -- 02/09/17 -- Applied DNA Sciences, Inc. (NASDAQ: APDN) ("Applied DNA", or "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 2017 first quarter ended December 31, 2016.

"Our fiscal first quarter results reflect variability in the recognition of our deferred cotton revenue due to the timing of commitments in our textile business that masks an expansion in our base of business over the prior quarter," stated Dr. James Hayward, president and CEO of Applied... More