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Psychemedics: Q4 Earnings Snapshot

Psychemedics: Q4 Earnings Snapshot

By AP News
Published - Mar 21, 2023, 05:36 PM ET
Last Updated - Jun 22, 2023, 02:59 PM EDT

ACTON, Mass. (AP) — ACTON, Mass. (AP) — Psychemedics Corp. (PMD) on Tuesday reported a loss of $688,000 in its fourth quarter.

The Acton, Massachusetts-based company said it had a loss of 12 cents per share.

The drug testing company posted revenue of $5.7 million in the period.

For the year, the company reported a loss of $1.1 million, or 19 cents per share. Revenue was reported as $25.2 million.

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