BIOQUAL Presents Financial Results for First Quarter of Fiscal Year 2016

ROCKVILLE, Md.--()--BIOQUAL, Inc. (OTC Pink: BIOQ):

   
Three Months Ended

August 31,

     

 

2015

2014

 
Revenue $ 6,597,797 $ 6,533,928
 
Income Before Income Tax $ 394,782 $ 760,580
 
Net Income $ 227,982 $ 439,180
 

Basic Earnings per Share of Common Stock

$

.26

$

.49

 

Diluted Earnings per Share of Common Stock

$

.26

$

.49

 

Weighted Average Number of Shares Outstanding For Basic Earnings

893,466 893,466
 

Weighted Average Number of Shares Outstanding For Diluted Earnings

893,466 893,466
 

For more detail related to the fiscal year 2016 first quarter results, please visit our web site at www.bioqual.com.

Statements herein that are not descriptions of historical facts are forward-looking and subject to risk and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors including risks relating to the ability to continue to extend current government contracts and obtain new contracts; the Company’s ability to obtain new commercial contracts; the performance of the business acquired in the ABL acquisition; the Company’s ability to perform under its contracts in accordance with the requirements of the contracts; the actual cost incurred in performing its contracts and the Company’s ability to manage its costs; dependence on third parties; future capital needs; the ability to fund its capital needs through the use of its cash on hand and line of credit; and the future availability and cost of financing/capital sources to the Company.

Contacts

BIOQUAL, Inc.
Mark G. Lewis, Ph.D., CEO
301-251-2801

Contacts

BIOQUAL, Inc.
Mark G. Lewis, Ph.D., CEO
301-251-2801