Great Basin Scientific Inc. (fka GBSNQ)

[Euripides90]

Stool-Bacterial-Pathogens-Panel-under-evaluation-at-over-40-sites...ahead-of-anticipated-FDA-clearance --
THAT IS HUGE!

Press Release: Great Basin Scientific Reports First Quarter 2017 Results
2 hours 15 minutes ago - DJNF
Great Basin Scientific Reports First Quarter 2017 Results

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