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home / news releases / BMRA - Biomerica reports FQ2 results


BMRA - Biomerica reports FQ2 results

  • Biomerica press release ( NASDAQ: BMRA ): FQ2 net loss was $1.6M for the three months ended November 30, 2022 compared to a net loss of $1.1M for the three months ended November 30, 2021.
  • Gross margin during the quarter ended November 30, 2022 increased to 24% as compared to a gross margin of 17% in the second fiscal quarter 2022.
  • Cash and cash equivalents at the end of the fiscal second quarter was $5.1M, a net decrease of $0.8M during the first six-months of fiscal 2023.
  • Revenue of $1.5M (-67.4% Y/Y).

For further details see:

Biomerica reports FQ2 results
Stock Information

Company Name: Biomerica Inc.
Stock Symbol: BMRA
Market: NASDAQ
Website: biomerica.com

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