quarterly report

Another, yawn, record quarter for Applied DNA

Another quarter, another revenue record for Applied DNA Sciences. Chief Executive Officer James Hayward’s Stony Brook biotech firm, which provides unique DNA-based anti-theft and product-authentication solutions, announced FY2015 fourth-quarter earnings highlighted by a 76 percent jump in revenues over the company’s fiscal third quarter and a noteworthy 571 percent earnings increase over 4Q 2014. The revenues increase was attributed primarily to sales to textile-industry companies looking to secure global cotton-supply chains, as well as revenues…