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Psychemedics reports Q1 EPS (12c) vs. (7c) last year

Reports Q1 revenue $5.4M vs. $5.9M last year. Brian Hullinger, CEO, stated: “Although we experienced a decrease in revenues and earnings for the quarter, we remain optimistic about the future. We continue to actively explore new markets and applications for our hair testing solutions. With a renewed focus on client acquisition, we are confident we are positioning the Company first for revenue stabilization and then for growth.”

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