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Strategic Diagnostics Turns To Profit In Q4

Strategic Diagnostics (SDIX: Quote), a biotechnology-based products provider, reported fourth-quarter net income of $1.7 million or $0.08 per share, compared to a net loss of $260,000 or $0.01 per share last year.

Results for the quarter included income from discontinued operations of $3.2 million

Revenues for the quarter declined to $5.5 million from $6.3 million last year.

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by RTT Staff Writer

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