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Post# of 182955
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Buyfor1sell for2

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Buyfor1sell for2

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Thursday, 07/23/2020 4:10:59 PM

Thursday, July 23, 2020 4:10:59 PM

Post# of 182955
Whats going after hours SGLB er beat but no by much
SGLBS 2Q ER out
Second Quarter 2020 Financial Results

Revenue for the second quarter of 2020 totaled $0.2 million. This compares to revenues of $34 thousand for the second quarter of 2019. The increase in revenue was due to a PrintRite3D® unit sale, as well as revenue recognized under the legacy Rapid Test and Evaluation (“RTE”) program and an in-house RTE during the quarter.

Gross profit for the second quarter of 2020 was $0.1 million as compared to negative $27 thousand in the second quarter of 2019.

Net loss for the second quarter of 2020 was $1.6 million, or $(0.49) per share, as compared to a net loss of $1.6 million, or $(1.50) per share, in the second quarter of 2019.
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