Applied DNA Sciences (NASDAQ:APDN) issued an update on its fourth quarter earnings guidance on Friday morning. The company provided earnings per share guidance of ($0.10) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.11). The company issued revenue guidance of $1.1 million, compared to the consensus revenue estimate of $1.90 million.

Shares of Applied DNA Sciences (NASDAQ APDN) opened at $2.57 on Friday. Applied DNA Sciences has a 1-year low of $0.90 and a 1-year high of $3.45.

Several analysts recently issued reports on APDN shares. Maxim Group set a $5.00 price objective on Applied DNA Sciences and gave the stock a buy rating in a report on Friday, December 8th. ValuEngine upgraded Applied DNA Sciences from a strong sell rating to a sell rating in a report on Tuesday, October 3rd.

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About Applied DNA Sciences

Applied DNA Sciences, Inc is engaged in creating security solutions addressing the challenges of modern commerce. The Company is also engaged in the large-scale production of specific deoxyribonucleic acid (DNA) sequences using the polymerase chain reaction (PCR). Its principal technology platform includes SigNature DNA, SigNature T DNA, fiberTyping, DNAnet, digitalDNA, SigNify and Beacon.

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