Tag - OMN

International Absorbents, Inc. (AMEX: IAX) reported $8.3 million in revenue for the first quarter ended April 30, a 26% increase from $6.6 million in the same period a year earlier. Net income more than tripled to $0.6 million, or $0.10 per share, compared with $0.1 million, or $0.02 per share, a year earlier.

Cargo company Air T, Inc. (Nasdaq: AIRT) reported a $2.5 million profit, or $0.95 per share, for the fiscal year 2007, up from $2 million, or $0.77 a share, in the prior year.

Wall Street analysts dismissed a day-old rumor that Syntax-Brillian Corp. (Nasdaq: BRLC) might stop key sales to a major vendor.

DepoMed, Inc. (Nasdaq: DEPO) said it has begun dosing patients in a Phase 2 trial for the its menopausal treatment.

Electro-Optical Sciences, Inc. (Nasdaq: MELA) reported that accrual is 20% complete in the final blinded pivotal trial its melanoma treatment MelaFind.

Financial services company Life Partners Holdings, Inc. (Nasdaq: LPHI) reported a profit of $4.7 million, or $0.49 per share, for the first quarter ended May 31, compared with $0.2 million, or $0.02 per share, in the same period a year earlier.

These are the biggest percentage gainers in Thursday's trading among companies with market capitalizations under $500 million: