Navigation Links
Psychemedics Corporation Announces Second Quarter Results
Date:7/28/2008

$0.17 Dividend Declared

ACTON, Mass., July 28 /PRNewswire-FirstCall/ -- Psychemedics Corporation (Amex: PMD) today announced second quarter financial results for the period ended June 30, 2008. The Company also announced a quarterly dividend of $0.17 per share payable to shareholders of record as of September 5, 2008 to be paid on September 19, 2008. This will be the Company's 48th consecutive quarterly dividend.

The Company's second quarter revenue was $6.2 million, down 4% as compared to $6.5 million in the second quarter of 2007. Net income was $1.0 million or $0.20 per diluted share, down 23% from $1.3 million or $0.25 per share for the same period in 2007. The Company's revenue for the six months ended June 30, 2008 was $11.9 million, down 2% as compared to $12.2 million for the comparable period of 2007. Net income for the six months ended June 30, 2008 was $1.9 million or $0.36 per diluted share, a decrease of 19% over the comparable period last year during which the Company earned $2.4 million or $0.45 per share.

Raymond C. Kubacki, Chairman and Chief Executive Officer, said, "The jobs market remains a challenge, as the economy continues to see significant job losses through June -- in fact, six months of declines in a row. However, our revenues were off only slightly due to the fact that we continue to add new clients, thereby offsetting the weakness in hiring."

Kubacki continued, "We continue to make the investments in our sales and marketing in order to capitalize on significant future growth opportunities. This increased expense, as well as an increase in our legal expenses as compared to the same period last year, have caused our net income to be below our historic levels. Howe
'/>"/>

SOURCE Psychemedics Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine news :

1. Psychemedics Corporation Announces First Quarter Results
2. Psychemedics Corporation Announces Year End Results Record Annual and Quarterly Revenue
3. Jennifer Chmieleski Joins Psychemedics Corporation as Top Financial Officer
4. Psychemedics Corporation Joins Accenture in Co-Sponsoring Innovative Chief Talent Officer Book
5. HealthFitness Corporation to Report Second Quarter Financial Results
6. Klafter & Olsen LLP Announces That It Has Filed a Class Action Lawsuit Against ArthroCare Corporation on Behalf of Common Stock Holders and Certain Traders in ArthroCare Options
7. Digirad Corporation Reports Financial Results for 2008 Second Quarter and Six Months
8. minSURG(TM) Corporation Launches International Division
9. Baxa Corporation Launches New Electronic Users Group Web Site
10. Leatt Corporation To Sponsor 2008 South African Motocross Grand Prix
11. China Medicine Corporation Obtains Australian Patent for rADTZ
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/3/2015)... (PRWEB) March 03, 2015 The Data ... held at the Ford Conference Center, Dearborn, MI, on March ... Inc., is a featured speaker. He is known internationally ... Data.” , These designations were earned due to years ... 1st commercially-available NoSQL DB, released over 10 years ago. Subsequent ...
(Date:3/3/2015)... Spain (PRWEB) March 03, 2015 The authors ... best health care for the future is a good and ... by Xlibris UK) the authors have a created an ingenious ... & cooked vegetarian & vegan meals. , “Crude Food” ... food intolerances and allergies, mainly caused by over processed ...
(Date:3/3/2015)... NC (PRWEB) March 03, 2015 ... Dentist in Wilmington, NC has achieved Accredited ... Dentistry. , He achieved this accomplishment after ... oral examinations, as well as the submission of ... Edgerton of Wilmington, NC grew up in Connecticut, ...
(Date:3/3/2015)... 03, 2015 Aureus Medical Group (web: ... jobs, has announced that it will participate as an ... Tuesday, March 17, 2015 in St. Louis, MO. , ... meet job-seeking residents and fellows in a comfortable, relaxed ... will be available to speak with attendees about ...
(Date:3/2/2015)... 02, 2015 Formetco today announced the ... The FTX uses state-of-the-art technology to deliver an ... and owner satisfaction. An item of particular value, ... Formetco 10 year LED Brightness Warranty. , Why the ... a superior billboard among any other billboard product in ...
Breaking Medicine News(10 mins):Health News:Scientel® to Present at Data 360 Big Data Healthcare Conference, March 5, 2015, Dearborn, MI 2Health News:Scientel® to Present at Data 360 Big Data Healthcare Conference, March 5, 2015, Dearborn, MI 3Health News:Scientel® to Present at Data 360 Big Data Healthcare Conference, March 5, 2015, Dearborn, MI 4Health News:New book ‘Crude Food’ gives readers ingenious ways to create healthy meals 2Health News:New book ‘Crude Food’ gives readers ingenious ways to create healthy meals 3Health News:Dr. Edgerton, a Dentist in Wilmington, NC, Achieves Accredited Status in AACD 2Health News:Formetco Launches Innovative LED Billboard System 2
... 2008 The Procter &,Gamble Company (NYSE: PG ) ... September quarter to $22.0 billion. Organic sales were up five,percent, ... percent,target range. Sales growth was led by strong growth in ... Family Care segments. Diluted net earnings,per share increased 12 percent ...
... ConvaTec, a world-leading,developer and marketer of innovative medical ... Michael E. Steadman will join ConvaTec,as President of ... has been appointed as President of the company,s ... announced the formation of four new,operating divisions -- ...
... Sustainable Transition with SafePath,s ADA Approved, 100%,Recycled EntryLevel(TM) ... Oct. 29 For nearly 40 million,of-voting-age Americans ... just,a decision of who to vote for, rather, ... federal and state regulations mandating compliance for universal,access, ...
... DDS, has been selected for the 2008 Best of San Diego Award ... Association (USLBA). , ... San Diego (PRWEB) October 29, 2008 -- After ... been selected for the 2008 Best of San Diego Award in the ...
... is on course to reach $3.4 billion by 2012. Aging population, ... common chronic diseases represent the key market drivers. , ... ... of the vast parallel studies afforded by biochips have created a ...
... threat of Coronary Heart Disease joined by Royle Family star Ricky Tomlinson ... ... British men against the threat of Coronary Heart Disease (CHD) as part ... not take his heart health seriously in the past and paid the ...
Cached Medicine News:Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 2Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 3Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 4Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 5Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 6Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 7Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 8Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 9Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 10Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 11Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 12Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 13Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 14Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 15Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 16Health News:P&G Reports First Quarter EPS of $1.03 Up 12% on 9% Sales Growth 17Health News:ConvaTec Names Presidents of Wound Therapeutics and Ostomy Care Business Units 2Health News:SafePath(TM) Products Provides Universal Access for Ohio Voters 2Health News:Dr. Ron Greenspan has Been Selected for the 2008 Best of San Diego Award in the Orthodontists Category by the U.S. Local Business Association 2Health News:Dr. Ron Greenspan has Been Selected for the 2008 Best of San Diego Award in the Orthodontists Category by the U.S. Local Business Association 3Health News:World Biochips Market to Reach $3.4 billion by 2012, According to New Report by Global Industry Analysts, Inc. 2Health News:World Biochips Market to Reach $3.4 billion by 2012, According to New Report by Global Industry Analysts, Inc. 3Health News:Ricky Tomlinson Joins Lloydspharmacy Against Coronary Heart Disease 2Health News:Ricky Tomlinson Joins Lloydspharmacy Against Coronary Heart Disease 3
(Date:3/2/2015)... , March 2, 2015  DURECT Corporation (Nasdaq: ... Regulator Program, and the successful completion of a ... product candidate DUR-928.  DUR-928 is an endogenous, small-molecule, ... applicability in metabolic diseases such as nonalcoholic fatty ... in acute organ injuries such as acute kidney ...
(Date:3/2/2015)... N.J. , March 2, 2015 BD ... a leading global medical technology company, today announced the ... Diego -based medical technology company dedicated to improving ... acquisition furthers BD,s position in helping address preventable medication ... and CRISI entered into an exclusive partnership in June ...
(Date:3/2/2015)... , March 2, 2015  Akron Children,s Hospital has ... by the American College of Radiology (ACR), making it ... and the second children,s hospital in the ... "Earning recognition from the ACR as a ... the highest level compared with national benchmarks," says Dr. ...
Breaking Medicine Technology:DURECT Announces Epigenomic Regulator Program including a New NAFLD/NASH and Acute Organ Injury Product Candidate in Development 2DURECT Announces Epigenomic Regulator Program including a New NAFLD/NASH and Acute Organ Injury Product Candidate in Development 3DURECT Announces Epigenomic Regulator Program including a New NAFLD/NASH and Acute Organ Injury Product Candidate in Development 4DURECT Announces Epigenomic Regulator Program including a New NAFLD/NASH and Acute Organ Injury Product Candidate in Development 5BD Acquires CRISI Medical Systems 2BD Acquires CRISI Medical Systems 3Akron Children's designated ACR Diagnostic Imaging Center of Excellence 2
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
Medicine Products: