Scientific Industries Reports Financial Results for Third Quarter of Fiscal Year 2021
ACCESSWIRE
Benchtop Lab Equipment Reports Strong Revenues and Earnings
Company Continues to Invest In Its Bioprocessing Business
BOHEMIA, NY / ACCESSWIRE / May 17, 2021
/ Scientific Industries, Inc. (OTCQB:SCND), a life sciences tool provider, and a developer of optical sensors for non-invasive, real-time monitoring of cell culture systems through its subsidiary Scientific Bioprocessing, Inc. ( SBI ), today reported financial results for the third quarter of fiscal 2021 ended March 31, 2021.
2021 Third Quarter, Nine Months and Recent Highlights:
Net revenues were $2.5 million and $7.2 million, an increase of 17% and 16% vs. prior year.
Gross profit was $1.4 million and $3.8 million, an increase of 24% and 18% vs. prior year.