Printer Friendly

ENVIROGEN REPORTS THIRD QUARTER FINANCIAL RESULTS

 LAWRENCEVILLE, N.J., Nov. 15 /PRNewswire/ -- Envirogen, Inc. (NASDAQ: ENVG) reported that net revenues for the third quarter ended Sept. 30, 1993, were $1,243,596, an increase of 44 percent compared to the third quarter of 1992.
 Net revenues for the nine months ended Sept. 30, 1993, were $3,232,439, an increase of 31 percent over the year-ago period.
 Envirogen is an innovative environmental biotechnology company dedicated to the business of discovering, developing, and applying new and effective solutions to the task of degrading or transforming toxic and hazardous wastes. The company also designs and implements vapor extraction systems under the tradename VAPEX and other integrated systems for the on-site treatment of organic contaminants from soils and groundwater.
 ENVIROGEN, INC.
 (Unaudited)
 Periods ended Quarter Nine months
 Sept. 30 1993 1992 1993 1992
 Revenues $1,243,596 $861,803 $3,232,439 $2,464,813
 Net loss (1,014,027)(1,154,874) (3,536,071) (2,789,342)
 Net loss per share ($.17) ($.20) ($.60) ($.54)
 /delval/
 -0- 11/15/93
 /CONTACT: Gale Smith, corporate communications of Envirogen, 609-936-9300/
 (ENVG)


CO: Envirogen, Inc. ST: New Jersey IN: ENV SU: ERN

JM-MK -- PH039 -- 4657 11/15/93 16:35 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 15, 1993
Words:201
Previous Article:FAITH A. WOHL ACCEPTS U.S. GOVERNMENT APPOINTMENT
Next Article:PLM INTERNATIONAL REPORTS THIRD QUARTER RESULTS
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters