Immucor Q1 profit rises
Atlanta Business Chronicle
Immucor Q2 profit rises 15%
Immucor acquires BioArray Solutions
Immucor sets record profit in fiscal 2008
Immucor Inc. hit record quarterly profitability and revenue in the first quarter of fiscal 2009.
The Norcross, Ga.-based blood reagent systems maker had net income of $20 million and earnings of 28 cents a share, compared with net income of $17.8 million and earnings of 25 cents a share in the first quarter of fiscal 2008.
Revenue increased 15.2 percent to a record $73.2 million, boosted by $7.3 million from price increases in the United States.
"We are very pleased with our record quarterly financial results and the number of Echo [instruments] orders received in North America," said Gioacchino De Chirico, president and CEO. "... All-time highs were achieved in revenues, and net income for the quarter as our strategies to grow our business and the execution of our plan once again generated outstanding results."
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