Anika Therapeutics Reports 1998 Fourth Quarter and Year-End Results; Records Second Consecutive Year of Profitability.

Business Wire (February 25, 1999)


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Extract:

Anika Therapeutics Reports 1998 Fourth Quarter and Year-End Results; Records Second Consecutive Year of Profitability.

WOBURN, Mass.--(BW HealthWire)--Feb. 25, 1999--Anika Therapeutics, Inc. (Nasdaq:ANIK) today reported net income for the fourth quarter ended December 31, 1998 of $769,000, or $.07 per diluted share, compared with $3,059,000 or $0.35 per diluted share, for the final quarter of 1997. Revenues for the fourth quarter equaled $3,339,000 compared with $5,994,000 for the same period last year.

Resu...



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