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Earnings News & Notes

By Cal Biesecker

Tuesday, February 23rd, 2016

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Implant Sciences [IMSC] 2Q16 2Q15Sales $10.3M $2.1MNet Inc. (3.3M, 0.04) ($6.2M, 0.09)The 381% increase in sales is due to a huge jump in shipments of the QS-B220 desktop explosives trace detector (ETD), including initial deliveries to the Transportation Security Administration at the end of the quarter under a contract the company won more than a year ago. Sales also benefited from increased shipments to Europe, Asia, Africa and South America. Implant says the increase in QS-B220 shipments was partially offset…

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