Intelligent Bio Solutions Q1 EPS $(0.86) Beats $(1.31) Estimate, Sales $1.392M Miss $1.400M Estimate

Intelligent Bio Solutions (NASDAQ:INBS) reported quarterly losses of $(0.86) per share which beat the analyst consensus estimate of $(1.31) by 34.35 percent. This is a 75.43 percent increase over losses of $(3.50) per share from the same period last year. The company reported quarterly sales of $1.392 million which missed the analyst consensus estimate of $1.400 million by 0.57 percent. This is a 25.18 percent increase over sales of $1.112 million the same period last year.