Enzo Biochem, Inc. (NYSE:ENZ) has released the financial results for the first quarter ended October 31, 2009. It’s total operating revenues were reported to have increased 19% year over year to $25.2 million. It’s gross profit also increased by 64% to $13.3 million. A net loss was reported to have decreased by over 70%. The full financial results release will be available on the company’s website at www.enzo.com.
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The company hosted a conference call which followed the release of the financial results. Interested parties may listen to a webcast of the conference at www.wsw.com/webcasat/cc/enz4. An audio replay will also be accessible until December 25 at 1.800.642.1687, or 1.706.645.9291. The replay pin number is 45170643.
Enzo Biochem, Inc. (Enzo) is a life sciences and biotechnology company focused on harnessing biological processes to develop research tools, diagnostics and therapeutics and on serving as a provider of diagnostic services to the medical community. The Company is engaged in research, development, manufacturing and marketing of diagnostic and research products based on genetic engineering, biotechnology and molecular biology. These products are designed for the diagnosis of and/or screening for infectious diseases, cancers, genetic defects and other medically pertinent diagnostic information and are distributed in the United States and internationally. The Company operates in three segments: Enzo Life Sciences, Enzo Therapeutics and Enzo Clinical Labs. On March 12, 2009, the Company’s subsidiary Enzo Life Sciences, Inc. and Enzo Life Sciences Acquisition, Inc., a newly formed wholly owned subsidiary of Enzo Life Sciences, Inc. acquired Assay Designs, Inc.
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