HemaCare Revenues Up 21% in ’06

HemaCare Corp. reported record revenues of $10.7 million for the quarter ended Dec. 31, an increase of 21 percent from a year ago. Net income also showed a sizeable increase, jumping 49 percent over the same quarter of 2005 to $958,000, or $0.10 a diluted share. For the entire year, the company reported revenue of $36.5 million, 17 percent more than 2005. Net income was $1.85 million, or $0.20 a diluted share.