Martek Posts Higher Profit For Quarter (TechNews.com)
"Nutritional Oils Account For 90% of Revenue
By Michael Barbaro
Washington Post Staff Writer
Wednesday, December 17, 2003; Page E05
Martek Biosciences Corp. continued to grow rapidly in its most recent quarter as sales of its nutritional oils to infant formula makers surged. The Columbia biotechnology firm's fourth-quarter revenue rose to $38.6 million from $15.1 million. It earned $6.2 million (21 cents a share) in the quarter ended Oct. 31, compared with $375,000 (2 cents) a year earlier, when the company took a $15.8 million charge tied to the purchase of competitor OmegaTech Inc...."