Great Basin Scientific Inc. (fka GBSNQ)

[symphon1]

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