Enzo Biochem reports Q3 adjusted EPS (3c) vs. (7c) last year

Reports Q3 revenue $8.02M vs. $7.49M last year. “The Company’s transition to a focused manufacturer of a broad portfolio of Life Science tools, aligned in high-growth market segments with products used consistently by drug developers, is progressing favorably,” said Kara Cannon, Enzo’s Chief Executive Officer. “We continue to report significant revenue growth and the expansion of margins compared to the prior year, and the Company’s significant debt and the associated covenants have been eliminated. Further, with the launch of the enhanced enzo.com, we are driving increased customer communication, interaction and market visibility. We hope that these financial and operational achievements will provide our shareholders with confidence in the Company’s positive outlook.”