MULN - Why Invo BioScience Stock Is Soaring Today | Benzinga
INVO BioScience, Inc. (NASDAQ:INVO) shares are trading higher Wednesday after the company reported its fourth-quarter financial results after the market close Tuesday. Here's a look at the details.
The Details:
Invo Bioscience reported $1.38 million in quarterly sales, representing a 396.15% increase over sales of $278,140 from the same period last year.
The company also said it remains on-track with its goal of reaching break-even or profitability within its current operations in 2024.
Invo BioScience said it remains committed to acquire NAYA Biosciences in an all-stock transaction. Following the closing of the Merger, the combined company is expected to operate under the name “NAYA Biosciences.”
“We continue to execute on our plan to capture a greater share of the total fertility ...