Scientific Industries (OTCMKTS:SCND) Issues Quarterly Earnings Results

Scientific Industries (OTCMKTS:SCND – Get Free Report) released its quarterly earnings results on Friday. The company reported $0.04 earnings per share for the quarter, Zacks reports. Scientific Industries had a negative return on equity of 48.69% and a negative net margin of 12.92%. The business had revenue of $1.35 million during the quarter.

Scientific Industries Price Performance

Shares of OTCMKTS SCND remained flat at $0.53 during mid-day trading on Friday. The company’s 50-day moving average price is $0.71 and its two-hundred day moving average price is $0.69. The firm has a market cap of $6.32 million, a P/E ratio of -2.12 and a beta of 0.18. Scientific Industries has a 1 year low of $0.30 and a 1 year high of $0.88.

About Scientific Industries

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Scientific Industries, Inc. develops, manufactures and markets laboratory equipment and bioprocessing products for research, academic, pharmaceutical, biotechnology and industrial laboratories. Its laboratory equipment business operates primarily under the Genie brand. The company’s products include vortex mixers, shakers, magnetic stirrers, homogenizers, orbital and reciprocating mixers, and related laboratory instruments. These products are used for applications such as sample preparation, cell culture, mixing, agitation and other routine laboratory processes.

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Earnings History for Scientific Industries (OTCMKTS:SCND)

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