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Bacterin International posts record full year revenue of $30.1 million, stands by 2012 sales forecast

March 23, 2012 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

Bacterin International Holdings http://bacterin.com/ (AMEX:BONE) said after markets closed Thursday that fourth quarter revenue increased sharply, while full year revenue almost doubled to record levels, with the company reaffirming its 2012 sales forecast.

The company, which makes bone graft material and antimicrobial coatings for medical applications, said that for the quarter that ended December 31, revenue increased 72 percent to $9.1 million, compared to $5.3 million in the same period a year ago.

by Deborah Sterescu

Full Story: http://www.proactiveinvestors.com/companies/news/26773/bacterin-international-posts-record-full-year-revenue-stands-by-2012-sales-forecast-26773.html

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