Vision-Sciences, Inc. Announces $6.0 Million in Revenue for the First 6 Months

ORANGEBURG, N.Y., Nov. 13, 2008 (GLOBE NEWSWIRE) -- Vision-Sciences, Inc., (Nasdaq:VSCI) (“Vision-Sciences”) today announced results for its fiscal second quarter ended September 30, 2008 (“Q2 09") and for the six months ended September 30, 2008 (“YTD 09"). Sales for YTD 09 were $6.0 million, an increase of 7% compared to $5.6 million for the six months ended September 30, 2007 (“YTD 08"). For Q2 09, revenues were $3.1 million, similar to the fiscal quarter ended on September 30, 2007 (“Q2 08"). Loss from operations YTD 09 was $7.8 million, compared to $3.9 million, an increase of $3.9 million. Loss from operations in Q2 09 was $4.3 million, compared to $2.3 million in Q2 08, an increase of $2.1 million.

MORE ON THIS TOPIC