Navigation Links
Martek Announces Third Quarter 2007 Financial Results
Date:9/5/2007

Third Quarter Highlights: - Record revenues of $77.8 million, up 11% from the prior year - Earnings per share of $0.19, a 36% increase over last year and a 27% increase over the second quarter of 2007 - Operating cash flow of

nearly $14 million - Launch of eight new food and beverage products

containing life'sDHA(TM)

COLUMBIA, Md., Sept. 5 /PRNewswire-FirstCall/ -- Martek Biosciences Corporation (Nasdaq: MATK) today announced its financial results for the third quarter of fiscal 2007, which ended July 31, 2007. Revenues for the third quarter were $77.8 million, up 11% from $70.4 million in the third quarter of fiscal 2006. Net income was $6.1 million, or $0.19 per diluted share, compared with $4.6 million, or $0.14 per diluted share, in last year's third quarter.

Commenting on the quarter, Chief Executive Officer Steve Dubin said, "Martek's improved financial performance this quarter resulted from growth in both sales of DHA for uses other than infant formula and sales of DHA and ARA to infant formula customers, combined with an improved gross margin. We have dedicated much time and effort on the Company's key 2007 focus areas: increasing penetration in international infant formula markets; expanding the use of DHA outside of infant formula; improving gross margin and profitability and developing new products to support future growth. These efforts are beginning to pay off as indicated by this quarter's operating results."

Third Quarter and Year-to-Date Revenue Summary

Product sales in the third quarter increased 12% to $74.5 million and contract manufacturing sales totaled $3.4 million compared to $4.0 million in contract manufacturing sales a year ago. The decl
'/>"/>

SOURCE Martek Biosciences Corporation
Copyright©2007 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12

Related medicine news :

1. PM announces a new health care order for India
2. PowderMed Announces Needle-Less Flu Vaccine
3. Ramdoss Announces Introduction of RCH-II
4. Britain Announces Third Transfusion Related Mad Cow Case
5. Tibet Announces the Dalai Lama’s Tour of South Americ
6. NHS announces further Cost cutting Measures
7. Indian PM Announces Of Setting Up India Study Center At Tashkent
8. Malaysia Announces Prison term On People Donating HIV-Contaminated Blood
9. Gates Foundation Announces $287 Million In Grants Towards AIDS Vaccine
10. Australian Government Announces Survey To Tackle Childhood Obesity
11. New Zealand Announces 10-year Plan For Betterment Of Mental Health Care

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/27/2009)...ire-USNewswire/--Preventingdiseaseisthegoalofevery...nesarebeingaddedtoassistindiseaseprevention.Butdoa...ifnot,whenareadditional,boostershots,neededtokeepi...s,theJournaloftheAmericanAcademyofPediatrics,Micha...chInstitute,basedatRochesterGeneralHospitalinRoche...
(Date:11/27/2009)...medical, economic burdens, study predicts , ...er of people with diabetes in the United States is...study predicts. , That would bring the total by...e, up from 23.7 million today. , , At the same t...l triple, the study also warns, rising from an est...
(Date:11/27/2009)...nteractive anatomy education apps from Modality an...sciences learning opportunities for iPhone and iPo...us) November 27, 2009 -- Modality, Inc. and Lipp... Wolters Kluwer Health, today announced the availa...App Store. Clemente’s Anatomy, Rohen’s...
(Date:11/26/2009)...an lead to strains or worse , , THURSDAY... wrong with stuffing your turkey full to bursting,...your suitcase as you pack for holiday trips. , ...S. hospital emergency rooms, doctors, offices, cli...ted injuries, such as muscle strains, pulls and te...
(Date:11/26/2009)...unications announces a highly effective and unconv...ggling to make an economic recovery. , ...rs is the type of challenge that could send ailing... Dr. David Benton, business growth expert and auth...dash; The Rfactor Intensive . “Fear is on...
Breaking Medicine News(10 mins):Health News:Why Some Vaccines May Require A Booster 2Health News:Why Some Vaccines May Require A Booster 3Health News:Diabetes Cases Expected to Double in 25 Years 2Health News:Diabetes Cases Expected to Double in 25 Years 3Health News:Clemente's Anatomy, Rohen's Photographic Anatomy, and Moore's Clinical Anatomy Customizable Apps Now Available on App Store 2Health News:Clemente's Anatomy, Rohen's Photographic Anatomy, and Moore's Clinical Anatomy Customizable Apps Now Available on App Store 3Health News:Clemente's Anatomy, Rohen's Photographic Anatomy, and Moore's Clinical Anatomy Customizable Apps Now Available on App Store 4Health News:Clemente's Anatomy, Rohen's Photographic Anatomy, and Moore's Clinical Anatomy Customizable Apps Now Available on App Store 5Health News:Pack Right for the Holidays to Avoid the ER 2Health News:Pharmacist Injects Cure for Ailing Businesses 2
...ed bird flu pandemic could claim as much as 140 mi...an researchers. // The authors of the report...ck McKibbin and fellow Australian National Univers...oduction. The report warned that developing ...
...a British millionaire currently living in Australi...children suffering from the worst form of attentio...vel method, space-age technology is usually used f...deficit hyperactivity disorder (ADHD) is a syndrom...
...firm LG Electronics has said that it will start to... a filter made from using an enzyme contained in t...//this enzyme will confer protection against the d...as fabricated after assessing the results of four ...
... an imminent deadline, labor unions are pushing Wa...are for its staff. // Although it appears that...rkers, and improve their lot, there appears more t...he scene at Washington is hotting up with the batt...
...ave the maximum number of cardiac patients by 2020...le at the earliest. // The above warning has been ... Stress, bad eating habits and the growing numb...rt diseases. 'Since heart disease is primari...
...provide a wide range of frozen Atlantic salmon and...by the elderly, single and those less gifted in th...ound that these frozen fish meals are missing out ...ther hoki or hake and does not give any choice to ...
Other Medicine News:Health News:Change In Lifestyle Recommended To Avoid Cardiac Disease 2
(Date:11/25/2009)...5/PRNewswire/--TheFDAgrantedtraditionalapprovalfor...reversetranscriptaseinhibitor(NNRTI).INTELENCEisth...xperiencedadultswhoareexperiencingvirologicfailure...oviral(ARV)agents.Thetraditionalapprovalisbasedon4...-2.INTELENCEiscurrentlymarketedintheU.S.byTibotecT...
(Date:11/25/2009)...ov.25/PRNewswire/--AMPACFineChemicalsLLC(AFC),asub...announcedtodaythatitreceivedtheEnvironmentalRespon...EnvironmentalSummit,sponsoredbytheCaliforniaManufa...lEnvironmentalAssociation(IEA)andtheChemicalIndust...emostprestigiousawardavailablefromallthreeorganiza...
(Date:11/25/2009)...ire/--Reportlinker.comannouncesthatanewmarketresea...tatesDentalDevicesMarketAnalysisandForecaststo2015...ed-States-Dental-Devices-Market-Analysis-and-Forec...MarketAnalysisandForecaststo2015 ,, Summary ,...mationanddatarelatingtotheUSdentaldevicesmarket.It...
Breaking Medicine Technology:U.S. Food And Drug Administration (FDA) Grants Traditional Approval for INTELENCE(R) (etravirine) 2U.S. Food And Drug Administration (FDA) Grants Traditional Approval for INTELENCE(R) (etravirine) 3U.S. Food And Drug Administration (FDA) Grants Traditional Approval for INTELENCE(R) (etravirine) 4AMPAC Fine Chemicals Receives Prestigious Award at California's Annual Statewide Environmental Summit 2Reportlinker Adds United States Dental Devices Market Analysis and Forecasts to 2015 2Reportlinker Adds United States Dental Devices Market Analysis and Forecasts to 2015 3Reportlinker Adds United States Dental Devices Market Analysis and Forecasts to 2015 4Reportlinker Adds United States Dental Devices Market Analysis and Forecasts to 2015 5Reportlinker Adds United States Dental Devices Market Analysis and Forecasts to 2015 6Reportlinker Adds United States Dental Devices Market Analysis and Forecasts to 2015 7Reportlinker Adds United States Dental Devices Market Analysis and Forecasts to 2015 8Reportlinker Adds United States Dental Devices Market Analysis and Forecasts to 2015 9Reportlinker Adds United States Dental Devices Market Analysis and Forecasts to 2015 10Reportlinker Adds United States Dental Devices Market Analysis and Forecasts to 2015 11Reportlinker Adds United States Dental Devices Market Analysis and Forecasts to 2015 12REMOXY 28R 29 NDA Update 50869 1REMOXY 28R 29 NDA Update 50869 2REMOXY 28R 29 NDA Update 50869 3REMOXY 28R 29 NDA Update 50869 4New Software Makes Lawyers Accountable for Their Part in Our Healthcare Crisis 50866 1New Software Makes Lawyers Accountable for Their Part in Our Healthcare Crisis 50866 2AEterna Zentaris 3A New Data Published on its Ghrelin Antagonist Compound AEZS 123 28JMV2959 29 Supports its Use in Alcohol Addiction 12909 1AEterna Zentaris 3A New Data Published on its Ghrelin Antagonist Compound AEZS 123 28JMV2959 29 Supports its Use in Alcohol Addiction 12909 2AEterna Zentaris 3A New Data Published on its Ghrelin Antagonist Compound AEZS 123 28JMV2959 29 Supports its Use in Alcohol Addiction 12909 3AEterna Zentaris 3A New Data Published on its Ghrelin Antagonist Compound AEZS 123 28JMV2959 29 Supports its Use in Alcohol Addiction 12909 4
...e American Heart Association Scientific Sessions ...OCA RATON, Fla., Nov. 7 Nabi,Biopharmaceuticals (...pletion,of its Phase 2b trial of NicVAX(R) (Nicoti...d proprietary investigational vaccine being,develo...g relapse. The,final 12-month data confirm the hig...
...asense(R) in melanoma opens to global accrual ...ne disease - Named-patient/compassionate-use p...o review FDA decision on Genasense in CLL, - Brief...d in new clinical ...rporated (Nasdaq: GNTA ) today reported financial...
Other Medicine Technology:Nabi Biopharmaceuticals Announces Successful Completion of NicVAX(R) Phase 2b Trial; Drug Shows Statistically Significant Rates of Smoking Cessation and Continuous Long-Term Smoking Abstinence at 12 Months 2Nabi Biopharmaceuticals Announces Successful Completion of NicVAX(R) Phase 2b Trial; Drug Shows Statistically Significant Rates of Smoking Cessation and Continuous Long-Term Smoking Abstinence at 12 Months 3Nabi Biopharmaceuticals Announces Successful Completion of NicVAX(R) Phase 2b Trial; Drug Shows Statistically Significant Rates of Smoking Cessation and Continuous Long-Term Smoking Abstinence at 12 Months 4Nabi Biopharmaceuticals Announces Successful Completion of NicVAX(R) Phase 2b Trial; Drug Shows Statistically Significant Rates of Smoking Cessation and Continuous Long-Term Smoking Abstinence at 12 Months 5Nabi Biopharmaceuticals Announces Successful Completion of NicVAX(R) Phase 2b Trial; Drug Shows Statistically Significant Rates of Smoking Cessation and Continuous Long-Term Smoking Abstinence at 12 Months 6Nabi Biopharmaceuticals Announces Successful Completion of NicVAX(R) Phase 2b Trial; Drug Shows Statistically Significant Rates of Smoking Cessation and Continuous Long-Term Smoking Abstinence at 12 Months 7Genta Incorporated Announces Third Quarter 2007 Financial Results 2Genta Incorporated Announces Third Quarter 2007 Financial Results 3Genta Incorporated Announces Third Quarter 2007 Financial Results 4Genta Incorporated Announces Third Quarter 2007 Financial Results 5Genta Incorporated Announces Third Quarter 2007 Financial Results 6Genta Incorporated Announces Third Quarter 2007 Financial Results 7
...SphygmoCor Px Central Blood Pressure Assessment an...ive method of obtaining central blood pressure and... enhance the treatment and management of patients....ction, the system derives the ascending aortic blo...
Genetic Systems HIV-1/HIV-2 PLUS O EIA (detects Ab to HIV-1 (M+O) and HIV-2)
Microspeed EC
Shandon High-Capacity Section Dryer
Medicine Products: