NEW YORK (GenomeWeb News) — Sigma Aldrich yesterday reported flat second-quarter revenue growth as net income grew 12 percent.
Total revenues for the three months ended June 30 increased to $449 million from $444 million year over year.
Net income grew 12 percent to $70.3 million from $62.5 million year over year, the company said
Research and development expenses increased 2 percent to $13.4 million from $13.1 in the prior-year period.
Sigma Aldrich had $165.9 in cash and cash equivalents as of June 30.