SEATTLE, WA--(Marketwire - May 15, 2008) - Pacific Biometrics, Inc. (PBI) (OTCBB: PBME), a leading provider of specialized central laboratory and contract research services, released its financial results for the third quarter of fiscal 2008, ended March 31, 2008. Revenues for the third quarter increased 31% to $2,296,000 from $1,755,000 for the comparable period last year. The company recorded net operating income for the third quarter of fiscal 2008 of $236,000 compared with a net operating loss of $287,000 for the same period last year. Total net income for the third fiscal quarter was $282,000, or $0.01 earnings per share, compared with a total net loss of $427,000, or $0.02 loss per share, for the same period during fiscal 2007.
