Velan Inc. Reports its Third Quarter 2013/14 Financial Results
Tuesday, January 14, 2014
Velan Inc. saw an increase in profits despite lower revenue in the third quarter due to foreign currency conversions, increased margins and lower costs. Net earnings improved to $8.3 million, compared to $5.7 million in the same year-earlier period even as revenue dropped from $134.2 million to $115.6 million. More...
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