SeraCare Life Sciences (SRLS) Posts 6th Consecutive Quarter of Profitable Growth; Solid Fiscal Earnings
SeraCare Life Sciences Inc. is a global life sciences company offering products and services for the discovery, development and production of human diagnostics and therapeutics. The company today announced its financial and operational results for the fourth quarter and fiscal year 2010. For the year ended September 30, 2010, SeraCare reported revenue at $50.4 million, an increase of 13 percent compared to $44.4 million for the year ended September 30, 2009. Gross margins increased to 41 percent compared to 35 percent for fiscal 2009. The company reported net income of $6.7 million and earnings per share on a basic and…