ACTON, Mass. (AP) _ Psychemedics Corp. (PMD) on Tuesday reported second-quarter profit of $768,000.
The Acton, Massachusetts-based company said it had profit of 14 cents per share.
The drug testing company posted revenue of $9.3 million in the period.
Psychemedics shares have fallen 47% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.45, a drop of 58% in the last 12 months.