Young Innovations reported sales of $27.3 million for the second quarter of 2011 (end- June 30), an increase of 6% over the $25.8 million reported for the second quarter of 2010.
Net income for the quarter increased 9.1% to $4.0 million from $3.7 million for the same quarter a year ago.
For the six-month period, sales were $53.4 million, up 5.5% from the $50.6 million reported for the same period in 2010. Net income for the six months was $8 million, up 10.7% from $7.3 million for the same period a year ago.
Strong growth of the diagnostic product line and healthy gains for consumables products drove a solid overall increase for the second quarter, the company noted. In addition, a weaker U.S. dollar positively impacted sales by approximately $226,000.
