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Microbix Q2 Loss Narrows

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Microbix Biosystems Inc. (MBX.TO) Monday said its loss for the second quarter narrowed from last year, due mainly to higher revenues.

The Mississauga, Canada-based company reported a second-quarter net loss of C$609 thousand, compared to C$629 thousand last year. On a per-share basis, loss was flat at C$0.01.

Total revenues for the quarter grew 8 percent to C$1.90 million from C$1.76 million in the prior-year quarter.

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