Bio-Reference Laboratories, Inc. Posts 25% Increase in Q1 After-Tax Net Income Based on 17% Increase in Year over Year Revenues; Company Reports a 21% Increase in Operating Income for the Quarter over the Prior Year Same Quarter.

Business WireMarch 09, 2006

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Bio-Reference Laboratories, Inc. Posts 25% Increase in Q1 After-Tax Net Income Based on 17% Increase in Year over Year Revenues; Company Reports a 21% Increase in Operating Income for the Quarter over the Prior Year Same Quarter.

ELMWOOD PARK, N.J. -- Bio-Reference Laboratories, Inc. (NASDAQ: BRLI) (Numbers in Thousands Except Per Share Data or where otherwise noted) released its first quarter, fiscal year 2006 earnings today for the three months ending January 31. The Company had net revenues for the quarter of $42,918, an increase of 17% over the $36,835 of net revenue recorded in the first quarter fiscal year 2005. The net revenue increase was based on patient count of 730, a 13% increase over the prior year...

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