Intelligent Bio Solutions Reports Fiscal 2025 First Quarter Financial Results and Operational Highlights
Intelligent Bio Solutions Inc. (INBS)
Company Research
Source: GlobeNewswire
Quarterly revenue increased 10% year-on-year and 20% quarter-on-quarter, marking four consecutive quarters of year-on-year growth Higher-margin, recurring cartridge revenue surpassed reader revenue as primary driver Completed in-clinic portion of FDA 510(k) clinical study plan, on track to submit to FDA by year-end Expanded distribution network in Saudi Arabia Initial review of PK study results show fingerprint sweat strongly aligns to blood and oral fluid, results expected in November NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Intelligent Bio Solutions Inc. (Nasdaq: INBS) ("INBS" or the "Company"), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced its financial results for the fiscal first quarter ended September 30, 2024, and provided a business update. “We’ve kicked off another strong year with 10% growth in our first quarter compared to the previous year, marking our fourth consecutive quarter of year-
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INBS
News
- Intelligent Bio Solutions to Participate in the Noble Capital Markets’ 20th Annual Emerging Growth Equity ConferenceGlobeNewswire
- Intelligent Bio Solutions Announces Positive Results of PK Study, a Key Milestone on Path to FDA 510(k) SubmissionGlobeNewswire
- Intelligent Bio Solutions Partners with B2i Digital to Amplify Investor OutreachGlobeNewswire
- Intelligent Bio Solutions Announces Preliminary Unaudited Fiscal 2025 First Quarter Revenue ResultsGlobeNewswire
- Intelligent Bio Solutions Celebrates One Year Anniversary of Enhanced Workplace Safety with London-Based Real-Estate Developer, Mount AnvilGlobeNewswire
INBS
Sec Filings
- 11/20/24 - Form 8-K
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- INBS's page on the SEC website