11:47 AM EST - Microbix Biosystems Inc. : Reported results for its first quarter of fiscal 2019. Total Q1 revenue was $2,460,812, a 15% decrease from 2018 first quarter revenue of $2,885,567. Included were antigen and quality product revenues of $2,366,790, 16% lower than 2018 due to delayed shipments and reduced ordering from our Asia distributor. Revenue from royalties were $94,022 (2018 - $82,982). A slightly increased net loss was incurred in Q1 ($119,296) as compared to 2018 ($94,128). Cash provided by operations in Q1 was improved to positive $28,725, compared to cash used of $1,434,085 in 2018. Microbix Biosystems Inc.
shares T.MBX are trading unchanged at $0.25.
