LYNBROOK, N.Y. (AP) — BioSpecifics Technologies Corp. (BSTC) on Friday reported third-quarter net income of $6.3 million.
On a per-share basis, the Lynbrook, New York-based company said it had net income of 85 cents.
The biopharmaceutical company posted revenue of $9.4 million in the period.
BioSpecifics shares have decreased 17% since the beginning of the year. The stock has dropped 21% in the last 12 months.