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WIKI ANALYSIS
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Meridian Bioscience is a life science company, engages in the development, manufacture, sale, and distribution of diagnostic test kits primarily for respiratory, gastrointestinal, viral, and parasitic infectious diseases. The immunodiagnostic technologies used in its diagnostic test kits include evarious popular methods used by reference laboratories, hospitals, and physicians' offices. The company also manufactures and distributes bulk antigens, antibodies, and reagents used by researchers and other diagnostic manufacturers.
Business Financials
On January 22, 2008, Meridian (VIVO) reported 1st quarter 2008 results. For the quarter ended December 31, 2007, sales increased 18% to $33.8 million from $28.7 million the prior year. Net earnings increased 34% to $7.5 million from $5.6 million the prior year, representing a 29% increase on a per share basis of $.18/share in 2008 vs. $.14/share in the prior year same period.
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