LAB Research Inc. Issues Preliminary Results for Fourth Quarter and Year-End 2007 Results

LAVAL, QC, Jan. 25 /CNW Telbec/ - LAB Research Inc. ("LRI" or "LAB Research") (TSX: LRI), a Canadian-based global non-clinical contract research organization, announces projected revenues of $13.4 million and a loss per share of $0.06 to $0.08 for the fourth quarter ended December 31, 2007 compared to an $0.08 earnings per share market consensus. Considering the above preliminary fourth quarter results, the 2007 year-end revenues are projected to be $55.9 million and earnings per share would stand at $0.14 to $0.16. These results are based on preliminary assessments and subject to finalization and audit. This press release contains forward-looking information; investors are cautioned that the statements are based on current information and assumptions and that actual outcomes may vary.
MORE ON THIS TOPIC