Harvard Bioscience: 2Q Earnings Snapshot
HOLLISTON, Mass. (AP) _ Harvard Bioscience Inc. (HBIO) on Thursday reported a loss of $247,000 in its second quarter.
The Holliston, Massachusetts-based company said it had a loss of 1 cent per share. Earnings, adjusted for amortization costs and asset impairment costs, were 4 cents per share.
The medical instruments maker posted revenue of $29.6 million in the period.
Harvard Bioscience expects full-year earnings in the range of 19 cents to 21 cents per share.
In the final minutes of trading on Thursday, the company’s shares hit $1.87. A year ago, they were trading at $5.10.