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News Breaks
December 27, 2012
11:34 EDTBRLIBio-Reference Labs bought all Meridian common stock for $1.9M
In a regulatory filing the company announced that on December 21, Bio-Reference Laboratories entered into an agreement with Meridian Clinical Laboratory Corporation, a Florida corporation having its place of business in Miami, Florida, pursuant to which the company purchased all issued and outstanding common stock of Meridian for approximately $1,850,000, of which $250,000 is deferred for one year. $1,600,000 was paid in cash.
News For BRLI From The Last 14 Days
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August 28, 2014
10:49 EDTBRLIBio-Reference downgraded to Underperform from Buy at BofA/Merrill (pre-open)
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August 27, 2014
08:38 EDTBRLIBio-Reference Labs sees Q4 EPS 62c-64c, consensus 63c
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08:34 EDTBRLIBio-Reference Labs reports Q3 EPS 55c, consensus 53c
Reports Q3 revenue $222.05M, consensus $210.44M. Reports Q3 EPS after taxes 53c. The number of patients served increased 16% to 2,511 in Q3 up from the 3Q13 total of 2,161. Esoteric business for the company was 68% of revenues for Q3 compared to 64% in 3Q13. Days Sales Outstanding, or DSO, was 105 days in Q3 compared to 3Q13 when the DSO was 95 days.

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