psychemedics corp (PMD) Key Developments
Psychemedics Corporation Adopts the Amended and Restated Bylaws
Jul 31 15
On July 28, 2015, the Board of Directors of Psychemedics Corporation adopted the Psychemedics Corporation Amended and Restated Bylaws to implement additional informational and other procedures for stockholder nominations and proposals in order to enable the Board to better analyze, evaluate and make recommendations to the company's stockholders with respect to such nominations and proposals and to increase the information available to stockholders if nominations and proposals are submitted for stockholder approval, and to clarify certain items. The Amended and Restated Bylaws include certain provisions that are consistent with current custom and practice, and differ from and clarify certain items in the company's previous bylaws.
Psychemedics Corp. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Jul 28 15
Psychemedics Corp. announced unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, revenues were $7,001,409 against $7,694,137 a year ago. Operating income was $356,046 against $1,319,708 a year ago. Net income before provision for income taxes was $325,169 against $1,322,943 a year ago. Net income and comprehensive income was $252,329 against $856,919 a year ago. Basic and diluted net income per share was $0.05 against $0.16 a year ago.
For the six months, revenues were $13,757,150 against $14,738,958 a year ago. Operating income was $806,561 against $2,487,760 a year ago. Net income before provision for income taxes was $742,357 against $2,492,544 a year ago. Net income and comprehensive income was $529,851 against $1,613,078 a year ago. Basic and diluted net income per share was $0.10 against $0.30 a year ago.
Psychemedics Corporation Announces a Quarterly Dividend, Payable on August 18, 2015
Jul 28 15
Psychemedics Corporation announced a quarterly dividend of $0.15 per share payable to shareholders of record as of August 7, 2015 to be paid on August 18, 2015.
Psychemedics Corp. to Report Q2, 2015 Results on Jul 28, 2015
Jul 27 15
Psychemedics Corp. announced that they will report Q2, 2015 results After-Market on Jul 28, 2015
Psychemedics Corp. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2015
Apr 27 15
Psychemedics Corp. reported unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net income of $277,522, or $0.05 per basic and diluted share; down from $756,159, or $0.14 per basic and diluted share in the last year. Revenues were $6,755,741 compared to $7,044,821 a year ago. Operating income was $450,515 compared to $1,168,052 a year ago. Net income before provision for income taxes was $417,188 compared to $1,169,601 a year ago.