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Intelligent Bio Solutions reports Q2 EPS (46c) vs ($4.65) last year

Reports Q2 revenue $356.679M. "Our strong fiscal second quarter results show the expansion and strength of our global portfolio, which now includes operations in the United Kingdom, United States and Australia," commented Harry Simeonidis, Chief Executive Officer at Intelligent Bio Solutions. "We continued to bolster Intelligent Bio Solution’s leadership position in the field of non-invasive real-time diagnostic testing in the second quarter, achieving several significant strategic goals. We released the successful results from Milestone 7, which showed a four-time improvement in time-to-result for our biosensor platform, returning test results in less than a minute. These exciting results were a green light for our biosensor development team to progress to the next testing phase, which will include testing human saliva."

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Published first on TheFly

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