Aerospace Group:

Earnings News & Notes

By Cal Biesecker

Tuesday, November 18th, 2014

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Implant Sciences [IMSC] 1Q15 1Q14 Sales $1.8M $1.2M Net Inc. ($5.4M, 0.08) ($6M, 0.10) Losses declined on the 60% increase in sales, lower stock-based compensation expense and a decrease in operating expenses. Research and development expenses rose 4% to nearly $1.3 million. A nearly 350% increase in the number of handheld QS-H150 explosives trace detectors (ETDs) sold drove the top line gain, due to increased shipments to customers in China and Africa. Implant also reported higher sales of parts…

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