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0.000283205890682495 0.000283205890682495 0.0195412064570944 -0.00877938261115829 0.00538091192296803 0.0138770886434438 0.00538091192296803 -0.0209572359105068
Stock impact report

Biomerica reports Q1 results [Seeking Alpha]

Biomerica, Inc. (BMRA) 
NASDAQ:AMEX Investor Relations: biomerica.com/company/investor.asp
Company Research Source: Seeking Alpha
During the fiscal quarter, the company implemented its cost-savings plan, which is expected to reduce expenses by 16% to 23% representing $1.0 million to $1.4 million in savings for the current fiscal year. Gross margin for the quarter was 16%, compared to 24% in the first quarter of fiscal 2024. Operating loss for the quarter increased to $1.4 million, compared to $1.2 million in the prior-year quarter, largely driven by the one-time RIF costs. More on Biomerica Financial information for Biomerica Recommended For You Comments More Trending News Show less Read more
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