QualityStocksNewsBreaks – Pressure BioSciences Inc. (PBIO) Reports Q2 2018 Financial Results; Provides Business Update
Pressure BioSciences (OTCQB: PBIO) this morning provided a business update, offered limited guidance for the remainder of 2018 and reported financial results for the second quarter ended June 30, 2018. Per the update, total revenue for the second quarter was $638,800, an increase of 18% compared to $540,400 for the same period in 2017. The company attributed the increase primarily to its double-digit growth in products and services, reporting revenue totaling $618,400 for the second quarter of 2018 compared to $480,400 for the same quarter of 2017, a 29% increase. In addition, Pressure BioSciences is holding an earnings conference call…