{"id":49938,"date":"2022-10-21T22:02:27","date_gmt":"2022-10-21T20:02:27","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/bioqual-presents-unaudited-financial-results-for-first-quarter-of-fiscal-year-2023\/"},"modified":"2022-10-21T22:02:27","modified_gmt":"2022-10-21T20:02:27","slug":"bioqual-presents-unaudited-financial-results-for-first-quarter-of-fiscal-year-2023","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/bioqual-presents-unaudited-financial-results-for-first-quarter-of-fiscal-year-2023\/","title":{"rendered":"BIOQUAL Presents Unaudited Financial Results for First Quarter of Fiscal Year 2023"},"content":{"rendered":"
\n

ROCKVILLE, Md.–(BUSINESS WIRE)–BIOQUAL, Inc. (OTC-Pink:BIOQ):\n<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\n\n

\nThree Months Ended\n<\/p>\n

\nAugust 31,\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2022<\/span>\n<\/p>\n<\/td>\n

<\/td>\n<\/td>\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2021<\/span>\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nRevenue\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n15,810,574\n<\/p>\n<\/td>\n

<\/td>\n<\/td>\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n15,472,759\n<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n

\nIncome Before Income Tax\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n1,955,660\n<\/p>\n<\/td>\n

<\/td>\n<\/td>\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1,946,405\n<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n

\nNet Income\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n1,383,560\n<\/p>\n<\/td>\n

<\/td>\n<\/td>\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1,377,005\n<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n

\nBasic Earnings per Share of Common Stock\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n1.55\n<\/p>\n<\/td>\n

<\/td>\n<\/td>\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1.54\n<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n

\nDiluted Earnings per Share of Common Stock\n<\/p>\n<\/td>\n

\n

\n$\n<\/p>\n<\/td>\n

\n

\n1.55\n<\/p>\n<\/td>\n

<\/td>\n<\/td>\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1.54\n<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n

\nWeighted Average Number of Shares Outstanding For Basic Earnings Per Share\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n894,416\n<\/p>\n<\/td>\n

<\/td>\n<\/td>\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n894,416\n<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n

\nWeighted Average Number of Shares Outstanding For Diluted Earnings Per Share\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n894,405\n<\/p>\n<\/td>\n

<\/td>\n<\/td>\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n894,417\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\nFor more detail related to the fiscal year 2023 unaudited first quarter results, please visit our web site at www.bioqual.com<\/a>.\n<\/p>\n

\nStatements herein that are not descriptions of historical facts are forward-looking and subject to risks and uncertainties. The forward-looking statements are neither promises nor guarantees, and you should not place undue reliance on these forward-looking statements because they involve known and unknown risks, uncertainties, and other factors, many of which are beyond the Company\u2019s control and which could cause actual results to differ materially from those expressed or implied by these forward-looking statements, including risks relating to the ability to continue to extend current government contracts; the Company\u2019s ability to obtain new government or commercial contracts; continued demand for the use of animal models in scientific research; the Company\u2019s ability to obtain sufficient numbers of animal models; the availability of adequate numbers of employees; the Company\u2019s ability to perform under its contracts in accordance with the requirements of the contracts; the actual costs incurred in performing the Company\u2019s contracts and its ability to manage its costs, including its capital expenditures; dependence on third parties; future capital needs; the ability to fund its capital needs through the use of its cash on hand and line of credit; and the future availability and cost of financing\/capital sources to the Company.\n<\/p>\n

Contacts<\/b> <\/p>\n

\nMark G. Lewis, Ph.D., CEO (240-404-7654)\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

ROCKVILLE, Md.–(BUSINESS WIRE)–BIOQUAL, Inc. (OTC-Pink:BIOQ): Three Months Ended August 31, \u00a0 \u00a0 2022 \u00a0 2021 Revenue $ 15,810,574 $ 15,472,759 \u00a0 Income Before Income Tax $ 1,955,660 $ 1,946,405 \u00a0 Net Income $ 1,383,560 $ 1,377,005 \u00a0 Basic Earnings per Share of Common Stock $ 1.55 $ 1.54 \u00a0 Diluted Earnings per Share of Common … [Read more…]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-49938","6":"format-standard","7":"category-industry"},"yoast_head":"\nBIOQUAL Presents Unaudited Financial Results for First Quarter of Fiscal Year 2023 - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/bioqual-presents-unaudited-financial-results-for-first-quarter-of-fiscal-year-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BIOQUAL Presents Unaudited Financial Results for First Quarter of Fiscal Year 2023 - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"ROCKVILLE, Md.–(BUSINESS WIRE)–BIOQUAL, Inc. (OTC-Pink:BIOQ): Three Months Ended August 31, \u00a0 \u00a0 2022 \u00a0 2021 Revenue $ 15,810,574 $ 15,472,759 \u00a0 Income Before Income Tax $ 1,955,660 $ 1,946,405 \u00a0 Net Income $ 1,383,560 $ 1,377,005 \u00a0 Basic Earnings per Share of Common Stock $ 1.55 $ 1.54 \u00a0 Diluted Earnings per Share of Common ... 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