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Response Biomed Corp RPBIF

"Response Biomedical Corp is engaged in the research, development, commercialization and distribution of diagnostic technologies for the medical central-lab testing, point of care (POC) testing and on-site environmental testing markets."


GREY:RPBIF - Post by User

Post by SolidFuelon Mar 11, 2013 6:24pm
185 Views
Post# 21113175

A profitable quarter!

A profitable quarter!

Wow, Response finally posted a profitable quarter!

 

Net income for the quarter ended Dec. 31, 2012, totaled $700,000, compared with a $1.2-million net loss in the comparative 2011 period.

 

It looks like the tide has finally turned to profitability.

 

And both sales and gross margin percentage were strongly up in the quarter and for the year.  This company is looking like it intends to do big things.

 

Go RBM!

 

 

 

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