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INVITRO INTL - $IVRO STOCK NEWS

Welcome to our dedicated page for INVITRO INTL news (Ticker: $IVRO), a resource for investors and traders seeking the latest updates and insights on INVITRO INTL stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect INVITRO INTL's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary

InVitro International reported positive second quarter FY '24 results with sales of $210,615, up 5.8% from the same period in FY '23, and net income of $47,674. First half FY '24 sales increased 3.4% to $422,240, with a net income of $65,342 compared to losses in FY '23. The company is planning an uplisting to OTCQB to enhance visibility and credibility with potential M&A targets.

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InVitro International (IVRO) reports a 1.1% increase in sales and a 157% rise in profits for the first Quarter FY '24 ending December 31, 2023. CEO W. Richard Ulmer aims for organic growth and M&A activities amidst economic challenges.
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InVitro International (IVRO) Announces FY '23 Sales of $792,629 with 7% Decrease from FY '22
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InVitro International (IVRO) reported a 16% decrease in third quarter sales for Fiscal 2023, totaling $199,855, but achieved a 58% improvement in net loss at $13,162 compared to the prior year. Year-to-date sales for FY '23 are down 10.8% at $608,195, with a net loss of $47,482, including merger-related costs. CEO W. Richard Ulmer highlighted the challenging economic conditions but expressed optimism due to smooth merger progress and potential legislative developments.
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INVITRO INTL

OTC:IVRO

IVRO Rankings

IVRO Stock Data

911.82k
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
Placentia

About IVRO

invitro international develops test kits for non-animal testing in the united states and internationally. its products include irritection assay system, an invitro test, which could be used to detect, rank, and predict the ocular and/or dermal irritation potential of cosmetics, consumer products, pharmaceuticals, and chemical raw materials; and corrositex, an invitro test that determines chemical corrosivity. the company also provides customized technology services for irritection assay system installation and testing process, as well as independent testing laboratory services for irritancy and corrosivity testing requirements. its products are principally used by the manufacturers of surfactants, petrochemicals, cosmetics, textiles, paper and pulp, pharmaceuticals, films and resins, solvents and cleaners, and other chemical raw materials. the company was founded in 1985 and is headquartered in placentia, california.