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symphon1

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symphon1

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Monday, 05/22/2017 8:21:14 AM

Monday, May 22, 2017 8:21:14 AM

Post# of 37328
Great Basin Scientific Reports First Quarter 2017 Results

GlobeNewswire•May 22, 2017

Company continues to reduce operating expenses and cash burn

First quarter revenue increased 14% year-over-year
30% reduction in first quarter total operating expenses compared to fourth quarter
First quarter net income was $21.5 million; non-GAAP net loss improved 27% from the fourth quarter
Stool Bacterial Pathogens Panel under evaluation at over 40 customer sites ahead of anticipated FDA clearance
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