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Albany Molecular Research Inc. Message Board

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  • biovesting biovesting Mar 30, 2005 12:52 PM Flag

    Could they be a takeover target $12+

    "Solidily profitable" You jest sir - wait till the royalties end that are keeping this sinking ship afloat:

    For the fiscal year ended 12/31/04, revenues fell 14% to $169.5 million. Net loss totaled $11.7 million vs. an income of $30.9 million. Revenues reflect continued offshore competition, pricing pressures and reductions in chemistry spending. Net loss reflects asset impairment and restructuring charges.

 
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