Anika (ANIK) Earnings

October 28, 2009 · Filed Under Financial 

Anika Therapeutics (NASDAQ:ANIK) is not much of a company. It has a market cap of $81 million.

Total revenue for the third quarter of 2009 increased 17% to $10,793,000 from $9,205,000 in the third quarter of 2008, a very modest increase.

Net income for the third quarter of 2009 grew 37% to $1,512,000, or $0.13 per diluted share, from $1,104,000, or $0.10 per diluted share, for the same period last year.

The news pusshed ANIK shares higher to 13% to $7.16.

Douglas A. McIntyre

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