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Stock impact report

Pharma-Bio Serv Announces Results for the Quarter Ended January 31, 2024 [Yahoo! Finance]

PHARM-BIO SERV INC (PBSV) 
NASDAQ:AMEX Investor Relations: pharmabioserv.com
Company Research Source: Yahoo! Finance
management and technology transfer support consulting firm that provides services to the pharmaceutical, biotechnology, chemical, medical device, cosmetic, food and allied products industries, today announced that revenues for the quarter ended January 31, 2024 were approximately $2.4 million, a decrease of approximately $1.9 million when compared to the same period last year. Net loss for the quarter ended January 31, 2024 was approximately $270,700 compared to a net income of approximately $426,400 for the same period last year. "Although we were challenged during the first quarter, we believe our planned investments for fiscal year 2024 will allow us to achieve sustainable future growth and profitability. During the first quarter, we began strengthening our business development infrastructure by increasing targeted actions in high revenue markets. Furthermore, for the fiscal year 2024, we plan to continue to invest in additional business development resources to take advantage of Show less Read more
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