Intelligent Bio Solutions (INBS) Reports Prelim Q1 Results
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Intelligent Bio Solutions Announces Preliminary Unaudited Fiscal 2025 First Quarter Revenue Results
October 29, 2024 8:30 AM EDTUnaudited quarterly revenue increased 10% year-on-year and 20% quarter-on-quarter
Higher-margin, recurring cartridge revenue expected to surpass reader revenue as primary driver
Expanded distribution network in Saudi Arabia
NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Intelligent Bio Solutions Inc. (Nasdaq: INBS) ("INBS" or the "Company"), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced preliminary unaudited revenue results for the fiscal first quarter ended September 30, 2024.
The Company expects unaudited revenue of approximately $0.87 million for the three months ended September 30, 2024, representing an... More
