Carrington Laboratories, Inc. Reports First Quarter 2008 Results
Published: May 15, 2008
IRVING, Texas, May 15, 2008 (PRIME NEWSWIRE) -- Carrington Laboratories, Inc. (OTCBB:CARN) today reported total revenue from continuing operations for the quarter ended March 31, 2008 of $1.6 million compared to revenue of $1.7 million in the year-ago period, a decrease of 6.6 percent. DelSite grant revenue for the quarter increased 96.4 percent to $440,000 from $224,000 a year ago. The increased grant revenue was due to the timing of grant-related studies.