American Bio Medica Corporation (ABMC.PK) today announced financial results for the fourth quarter and the year ended December 31, 2012.
Net sales in the fourth quarter of 2012 were $2,302,000 compared to $2,374,000 in the fourth quarter of 2011, a decrease of 3%. Operating loss for the fourth quarter of 2012 was $501,000, compared to operating income of $27,000 in the fourth quarter of 2011. Net loss in the fourth quarter of 2012 was $564,000, or $0.03 per share, compared to a net loss of $15,000, or $0.00 per share, in the fourth quarter of 2011.
Net sales in the fourth quarter of 2012 were $2,302,000 compared to $2,374,000 in the fourth quarter of 2011, a decrease of 3%. Operating loss for the fourth quarter of 2012 was $501,000, compared to operating income of $27,000 in the fourth quarter of 2011. Net loss in the fourth quarter of 2012 was $564,000, or $0.03 per share, compared to a net loss of $15,000, or $0.00 per share, in the fourth quarter of 2011.
