Synthetech Inc fka NZYM

[lakes]

NZYM........very nice numbers reported last week. This was posted a few weeks ago at .59 and should have some legs after reporting net income of .07 per share for the first quarter.

http://finance.yahoo.com/news/Synthetech-Reports-First-prnews-1462496361.html?x=0&.v=1

Synthetech Reports First Quarter Fiscal 2010 Results

Commenting on the financial results, Dr. Gregory Hahn, President and CEO, stated, "It is a great start for fiscal year 2010. First quarter revenues of $4.7 million, operating profit of 22% and net income of $969,000 further exemplify the benefits of our actions aimed at expanding markets, improving production efficiencies, and reducing costs. We remain guardedly optimistic about overall performance for the balance of fiscal year 2010 based on a reasonable $4.6 million order backlog, a robust project pipeline providing us with additional market opportunities, and better than expected strength in our biopharmaceutical customer base. In addition, the full benefit of our cost reduction plan implemented in the first quarter begins in the second quarter."