Continuing the Cause; Humane Global Animal Welfare
Rhea-AI Summary
InVitro International (OTCQB: IVRO) reported FY'26 Q2 sales of $206,840, up 5.3% year-over-year, and Q2 net income of $17,556, a 14.7% increase versus Q2 last year. Year-to-date sales are $389,440, 11.6% below the comparable first half of FY'25, while half‑year net income is 42.8% below last fiscal first half. Management said Q2 improved versus 1Q '26 and reiterated a goal of a 21st consecutive year of profitability while pursuing a new strategic direction and global regulatory acceptance of in vitro test results.
Positive
- Q2 net income +14.7% (Q2 FY26: $17,556)
Negative
- Half-year net income −42.8% versus prior fiscal first half
- YTD sales −11.6% versus first half FY25 (YTD $389,440)
Placentia, California--(Newsfile Corp. - May 5, 2026) - Today, InVitro International (OTCQB: IVRO) reported FY '26 Q2 sales of
CEO & Chairman, W. Richard Ulmer observed: Our second quarter financials were brighter than 1Q '26; they advanced over last year in both sales and net income. InVitro is aiming for its 21st consecutive year of profitability while also making progress in its new strategic direction. We continue to find prospects globally who are just learning of regulatory policies changing toward acceptance of in vitro test results. The future remains bright and more encouraging than ever."
About InVitro International, Inc.
InVitro International, Inc., headquartered in Placentia, California, was founded in 1985 and is a customer and technology driven provider of non-animal testing methods. The Company's testing technologies are designed to produce Regulatory Agencies' approved data regarding corrosivity and ocular/dermal irritation, which correlate with animal and human test results. IVRO's technology is commercialized globally through test kits and partner laboratory services.
This release may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by forward-looking statements. These risks and uncertainties include but are not limited to acceptance of the Company's technology by customers or regulatory agencies, changes in market conditions and other competitive factors. The forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update such statements.
Company Contact:
W. Richard Ulmer
Chairman and Chief Executive Officer
(800)246-8487
invitro@invitrointl.com

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