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Psychemedics records $6.1M annual profit

Thanks to what the company says is a hot Brazilian market, Acton drug hair testing firm Psychemedics is reporting a 2017 profit of $6.1 million.
That net income is based on revenue of $39.7 million, an increase of 2 percent from 2016.
Earnings in the fourth quarter, however, were below the company’s expectations. Revenue was $9.8 million compared to $10.8 million in 2016’s fourth quarter, while the $2 ...

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