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Psychemedics Corporation Announces Record Revenues For 2012; Declares 66th Consecutive Quarterly Dividend
Date:2/25/2013

ics Corporation
Statements of Income and Comprehensive IncomeThree Months EndedTwelve Months EndedDecember 31,December 31,2012201120122011Revenues

$5,658,184$5,546,942$25,223,534$24,089,608Cost of revenues

2,892,7452,373,51110,971,8869,616,985Gross profit

2,765,4393,173,43114,251,64814,472,623Operating Expenses:General & administrative

1,024,9641,050,2803,946,8443,948,706Marketing & selling

1,130,2101,170,5674,543,5984,116,059Research & development

146,487207,623825,518607,408Total Operating Expenses

2,301,6612,428,4709,315,9608,672,173Operating income

463,778744,9614,935,6885,800,450Interest income

4475561,8895,346Net income before provision for income taxes

464,225745,5174,937,5775,805,796Provision for income taxes

191,612307,3291,957,9482,316,513Net income and comprehensive income

$272,613$438,188$2,979,629$3,489,283Basic net income per share

$0.05$0.08$0.57$0.67Diluted net income per share

$0.05$0.08$0.57$0.67Dividends declared per share

$0.15$0.12$0.60$0.48'/>"/>

SOURCE Psychemedics Corporation
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