InVitro International Progresses with Growth Strategies and Continues Profitability

July 31, 2024 09:00 AM EDT | By News File Corp

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InVitro International Progresses with Growth Strategies and Continues Profitability — Image source: Kalkine Media

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Placentia, California--(Newsfile Corp. - July 31, 2024) - Today, InVitro International (OTCQB: IVRO) announced third quarter FY '24 sales of $167,850, off 16% vs the same quarter last year. Net income of $16,236 compared favorably with losses of $13,162 in the same quarter FY'23. Three quarters FY'24 sales of $590,090 were 3% off FY'23's total of $608,195; however, year to date earnings of $81,582 are 272% ahead of prior year losses of $47,480.

IVRO CEO W. Richard Ulmer stated: "Our FY '24 focus has been on continuing 19 consecutive years of profitability, in addition to concentrating efforts on growth via two previously stated strategies. We're pleased with our progress seeking M&A financing, and also qualifying privately owned candidate laboratories. The future for NON-Animal testing remains bright."

Company Contact:

W. Richard Ulmer
Chief Executive Officer and Chairman
(800) 246-8487
[email protected]
www.invitrointl.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218268

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