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Article Excerpt
KINDERHOOK, N.Y. -- American Bio Medica Corporation (NASDAQ:ABMC) today announced financial results for the three months ended March 31, 2008.
Net Sales for the first quarter of 2008 were $3,299,000, compared to $3,175,000 for the first quarter of 2007, representing an increase of $124,000, or 3.9%. The Company attributed the sales growth to increases in national account and contract manufacturing sales.
The Company reported an operating loss of $162,000 in the first three months of 2008, compared to an operating loss of $274,000 for the first three months of 2007. Net loss for the first three months of 2008 was $199,000, or $0.01 per share,...
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