Strategic Diagnostics Inc. Reports Second Quarter Results; Markets for its Agricultural Products Continue to Develop;.

Business WireJuly 29, 1999

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Strategic Diagnostics Inc. Reports Second Quarter Results; Markets for its Agricultural Products Continue to Develop;.

NEWARK, Del.--(BUSINESS WIRE)--July 29, 1999--

Second Quarter Revenues of $5.5 million and

Earnings of $0.02 per Diluted Share

Strategic Diagnostics Inc. (NASDAQ: SDIX) - a leading provider of biotechnology-based test kits for agriculture, water quality and industrial use, today announced its results for the second quarter and six months ended June 30, 1999.

Net revenues for the second quarter increased to $5.5 million compared to $5.2 million in the second quarter of 1998. Second quarter net income was $305 thousand, or $0.02 per diluted share compared to net income of $770 thousand, or $0.05 per dilute...

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