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Biomerica Inc. is in the StockGuru Spotlight for October 19, 2009.

Publication: M2 Presswire
Publication Date: 19-OCT-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-19 October 2009-Stockguru.com: Biomerica Inc. is in the StockGuru Spotlight for October 19, 2009(C)1994-2009 M2 COMMUNICATIONS

RDATE:19102009

DALLAS, TEXAS : StockGuru announces that Biomerica Inc. (OTCBB: BMRA) is in the StockGuru Spotlight. Biomerica, Inc. is a global medical technology company, based in Irvine, CA. The Company manufactures and markets advanced diagnostic products used at home, in hospitals, and in physicians' offices for the early detection of medical conditions and diseases.

On Friday, the company put out news announcing diagnostic net sales of $1,148,521 for the first quarter of fiscal 2010 ended August 31, 2009, compared to diagnostic net sales of $1,194,345 for the first quarter of fiscal 2009. Consolidated net income for the first quarter fiscal 2010 was $7,934, versus consolidated net income of $140,812 in fiscal 2009. "Based on our fiscal year plan, we expected relatively flat revenues and lower income for this quarter. The lower net income for quarter fiscal 2010 as compared to fiscal 2009 was due to...

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