BioSource Reports Fourfold Increase in Quarterly Profit
- Share via
BioSource International Inc., a Camarillo-based supplier of reagents and test kits used in biomedical research, reported a $163,474 profit for the second quarter that ended June 30, more than four times the $40,103 in earnings reported in the year-earlier period.
Revenue in the latest quarter was $1.71 million, up 26% from revenue of $1.35 million reported a year earlier.
For the first six months of 1994, the company reported earnings of $325,941 on revenue of $3.25 million, compared with year-earlier earnings of $200,319 on revenue of $2.61 million.
The company attributed the second-quarter results to the successful release of new test kits and increased investment in sales and marketing.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
