Bio-Reference Labs (BRLI) Tops Q3 EPS by 2c

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Go back to Bio-Reference Labs (BRLI) Tops Q3 EPS by 2c

BioReference Laboratories, Inc. Reports Record Quarterly Revenues and Patient Volumes for Third Quarter FY2014

August 27, 2014 8:30 AM EDT

ELMWOOD PARK, N.J., Aug. 27, 2014 (GLOBE NEWSWIRE) -- BioReference Laboratories, Inc. (Nasdaq: BRLI) announces record third quarter results for revenues and patient volumes. Except for per share data or where otherwise noted, numbers are in thousands.

The Company recorded Q3FY14 revenues of $222,053, the highest recorded revenues in a quarter in corporate history, representing an increase of 20% over the $185,427 recorded in Q3FY13. Operating income for Q3FY14 was $27,871, up 11% from the Q3FY13 operating income of $25,059. Net income after taxes in Q3FY14 came in at $15,250, resulting in earnings... More