ADM Tronics Unlimited, Inc (ADMT)

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ADMT CEO Andre' DiMino added, "We are investing in our future by adding leading-edge equipment and by ramping up our research, development and engineering activities specifically for ADMT's suite of proprietary products. The expenses related to this investment in our future resulted in a loss from operations for the December 31, 2016 quarter. However, realizing these expenses in the 3rd quarter bodes well for the Company's growth in our 4th quarter of this year, and for years thereafter." Mr. DiMino concluded, "Furthermore, I am particularly pleased that our income from operations for the first three quarters of this year is up 180%, which is almost triple the income from operations from the first three quarters of last year. We continue to deliver on all of our goals, and we are determined to bring ADM Tronics to the forefront of the electronic medical device industry."

http://www.prnewswire.com/news-releases/adm-tronics-reports-third-quarter-of-fiscal-year-2017-results-300410934.html