Velan Inc. Reports Its First Quarter 2011/12 Financial Results
Wednesday, August 3, 2011
Net new orders received ("bookings) increased by
$68.7 million or 101.0% to $136.8 million. Excluding the impact of ABV and
currency; the increase would have been $21.2 million or 22.2%. The company
booked a significant amount of project orders during the quarter which it
believes may be indicative of a strengthening in its key end user markets. More...