Biomerica: Down after revenue falls, loss widens

Biomerica

15/01/2021 16:55

** Shares of biomedical co  BMRA.O  fall ~5% to $5.76 
    ** Co's Q2 FY21 worldwide revenue falls to $1.4 mln from
$1.6 mln due to lower sales in Asia  urn:newsml:reuters.com:*:nGNX23zQgJ
    ** BMRA's Q2 net loss widens to $1.5 mln from net loss of
$0.5 mln a year earlier
    ** Increase in net loss was primarily due to higher research
and development expense and higher general and administrative
expenses - BMRA
    

 (Reporting by Shreyasee Raj in Bengaluru)
 ((Shreyasee.Raj@thomsonreuters.com;))