Psychemedics Corporation - Sales Analysis Snapshot

Business Description
This Report provides a comprehensive Sales & Margin summary analysis for Psychemedics Corporation Tabular results include up to a ten-year history on Sales, EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization), Income before Extraordinary Items and number of Employees. Additional ratios are included for sales growth, earnings and income as a percent of sales and Sales per Employee.

Psychemedics Corporation. The Company's principal activity is providing testing services for the detection of abused substances through the analysis from hair samples. It utilizes a patented technology for performing immunoassays on enzymatically dissolved hair samples. The technology is a testing service that screens for the presence of certain drugs of abuse in hair. The application of radioimmunoassay procedures using hair differs from the more widely used application of radioimmunoassay procedures using urine samples. The Company's tests provide quantitative information that indicates the approximate amount of drug ingested as well as historical data, which can show a pattern of individual drug use over a period of time. The Company provides commercial testing and confirmation by mass spectrometry using industry-accepted practices for cocaine, marijuana, PCP, methamphetamine, and opiates. The Company operates solely in the domestic market.

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