Biomerica Reports 1Q Loss of $1.2M
Story updates
12:21:51 PM UTC
SquawkNews
Biomerica reported Q1 FY27 net sales of approximately $1.3M vs ~$1.4M prior-year and a net loss of approximately $1.2M vs ~$2K net income a year ago, which included ~$1.1M ERC income. Gross margin fell to 8% from 31%.Material DetailsContext by AI AnalystThis is an early-stage commercialization stor…