11:29 AM EST - IBC Advanced Alloys Corp. : Announced its financial results for its fiscal first quarter of 2019. Sales revenue rose 9.3% to $4.7 million, as compared to sales in Q1 2018 of $4.3 million. Gross profit rose 18% to $467,000, from $396,000 in the prior-year period. IBC incurred a comprehensive loss (net of tax) of $766,000 for the quarter, or 0.02 per share, as compared to a loss of $602,000, 0.02 per share, in the year-ago period. Operating loss for the quarter was $490,000, an improvement over an operating loss in the comparable quarter of fiscal 2018 of $535,000. IBC Advanced Alloys Corp.
shares V.IB are trading down $0.03 at $0.24.
