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American Oriental Reports Improved Q1

publication date: May 7, 2008

American Oriental Bioengineering, Inc. reported greatly improved financial results in its first quarter.  The company booked a 51% increase in revenue and a 46% jump in net income. Revenues were $38.8 million, and the company recorded net income of $9.4 million. Earnings per share moved up to 12 cps from 10 cps during Q1 of 2007. An increase in the outstanding number of shares kept the number from climbing higher. More details...

Stock Symbol: (NYSE: AOB)



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