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Article Excerpt
M2 PRESSWIRE-11 November 2008-RealPennies.com: Turning Pennies into dollars: (OTCBB:APNO) Alpha Innotech Corp.(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:11112008
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Alpha Innotech Reports Record 32% Revenue Growth and Continuing Profitability in Third Quarter Monday November 10, 8:01 pm ET
SAN LEANDRO, Calif.-Alpha Innotech Corp. , a leading provider of bioanalytical systems for drug discovery and life science research, recently reported financial results for the quarter ending September 30, 2008.
Third quarter revenues increased 32% to $4.9 million from the $3.7 million reported in the same period in 2007. The Company continued reporting profitability with net income for the third quarter of 2008 increasing to $21,859, or less than $0.01 per share, from a net loss of $289,555, or $0.03 per share, for the third quarter of 2007.
Excluding interest, depreciation and stock-based compensation, on a non-GAAP basis, the Company had net income...
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