Scientific Industries (OTCMKTS:SCND) Announces Earnings Results, Beats Expectations By $0.14 EPS

Scientific Industries (OTCMKTS:SCND) issued its quarterly earnings results on Friday. The company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.14, Zacks reports. Scientific Industries had a negative net margin of 13.83% and a negative return on equity of 61.19%.

Scientific Industries Price Performance

Shares of OTCMKTS:SCND remained flat at $0.75 during trading on Friday. The stock has a 50-day moving average of $0.71 and a 200 day moving average of $0.65. The firm has a market capitalization of $8.95 million, a PE ratio of -5.77 and a beta of 0.32. Scientific Industries has a fifty-two week low of $0.30 and a fifty-two week high of $0.98.

About Scientific Industries

Scientific Industries, Inc (OTCMKTS:SCND) is a manufacturer and distributor of laboratory equipment and life science research tools. The company specializes in the design, development and production of sample mixing and handling instruments, including vortex mixers, tube shakers, decappers and digital homogenizers. These products are employed across a range of settings such as academic research laboratories, pharmaceutical and biotechnology firms, clinical diagnostic centers and industrial quality-control facilities.

Since its inception in the mid-20th century, Scientific Industries has focused on durability, precision and user-friendly design in its portfolio.