Applied DNA Sciences (APDN) Misses Q4 EPS by 18c, Revenues Miss

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Applied DNA Reports 2019 Year End and Fiscal Fourth Quarter Financial Results

December 12, 2019 4:05 PM EST

Company to Hold Conference Call and Webcast Today, Thursday, December 12, 2019 at 4:30 PM ET

STONY BROOK, N.Y.--(BUSINESS WIRE)-- Applied DNA Sciences, Inc. (NASDAQ: APDN) (Applied DNA or the "Company"), a leader in Polymerase Chain Reaction (PCR)-based DNA manufacturing for product authenticity, traceability solutions and nucleic acid-based biotherapeutic development today announced consolidated financial results for the full fiscal year and quarter ended September 30, 2019.

In fiscal 2019 total revenues increased 38%, and total operating expenses decreased by 5% as we sharpened our focus on our ability to produce linear DNA at scale for our... More