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BioSpecifics: 4Q Earnings Snapshot

LYNBROOK, N.Y. (AP) _ BioSpecifics Technologies Corp. (BSTC) on Tuesday reported fourth-quarter profit of $6.2 million.

On a per-share basis, the Lynbrook, New York-based company said it had profit of 84 cents.

The biopharmaceutical company posted revenue of $9.9 million in the period.

For the year, the company reported profit of $20.1 million, or $2.73 per share. Revenue was reported as $33 million.

BioSpecifics shares have increased slightly since the beginning of the year. The stock has increased 38 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BSTC at https://www.zacks.com/ap/BSTC