Scientific Industries (OTCMKTS:SCND) Issues Earnings Results

Scientific Industries (OTCMKTS:SCNDGet Free Report) issued its quarterly earnings results on Friday. The company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.14, Zacks reports. The company had revenue of $1.23 million for the quarter, compared to analyst estimates of $2.20 million. Scientific Industries had a negative return on equity of 61.19% and a negative net margin of 13.83%.

Scientific Industries Stock Performance

SCND opened at $0.75 on Friday. The business’s 50-day simple moving average is $0.71 and its 200 day simple moving average is $0.65. The firm has a market capitalization of $8.95 million, a PE ratio of -1.53 and a beta of 0.32. Scientific Industries has a 52-week low of $0.30 and a 52-week high of $0.98.

Scientific Industries Company Profile

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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.

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Earnings History for Scientific Industries (OTCMKTS:SCND)

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