Microbix Reports Strong Revenues & Earnings for Q1 Fiscal 2025
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Microbix Biosystems Inc. reported a strong performance for Q1 fiscal 2025, with a 40% year-over-year increase in revenues from its diagnostic-test related ingredients and devices businesses, leading to significant net income.
February 13, 2025 | 1:00 pm
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Microbix Biosystems Inc. reported a 40% year-over-year increase in revenues for Q1 fiscal 2025, driven by its diagnostic-test related products, resulting in significant net income.
The 40% increase in revenues and material net income indicate strong business performance, likely boosting investor confidence and positively impacting the stock price in the short term.
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