Applied DNA Sciences, Inc. (APDN) Reports Fiscal Q1 Results
Applied DNA Sciences, marketer of DNA security solutions to protect products, brands, and intellectual property from counterfeit and diversion, today announced its financial results for the fiscal first quarter ended December 31, 2011. The company reported revenues of $516,904 for the quarter ended December 31, 2011, compared to revenues of $317,817 reported for the comparable quarter ended December 31, 2010. The company attributes the 63 percent increase in revenues to sales of its SigNature DNA and BioMaterial GenoTyping products. It also notes a 40 percent increase in its customer base for 2011. First-quarter revenues for the fiscal year represent an…