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Steep quarterly loss for Applied DNA
Photo credit: Applied DNA
At the Stony Brook technology firm Applied DNA Sciences Inc., an increase in sales was more than outpaced by expenses resulting in a steep quarterly loss, the company reported Wednesday.
Applied DNA said it had a loss of $2.4 million on sales of $516,000 for the quarter ended Dec. 31, compared to a loss of $1.3 million on sales of $317,817 for the same quarter the previous year.
The...
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