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Applied DNA Sciences: Fiscal Q3 Earnings Snapshot

Applied DNA Sciences: Fiscal Q3 Earnings Snapshot

By AP News
Published - Aug 08, 2024, 05:01 PM ET
Last Updated - Aug 08, 2024, 05:02 PM EDT

STONY BROOK, N.Y. (AP) — STONY BROOK, N.Y. (AP) — Applied DNA Sciences Inc. (APDN) on Thursday reported fiscal third-quarter net income of $1.9 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Stony Brook, New York-based company said it had profit of 47 cents.

The DNA-based security technology company posted revenue of $797,500 in the period. Its adjusted revenue was $798,000.

In the final minutes of trading on Thursday, the company's shares hit 35 cents. A year ago, they were trading at $31.

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