Brief: Escalon Medical Corp reports Q1 loss $0.04/shr

Escalon Medical

16/11/2015 21:30

Nov 16 (Reuters) - Escalon Medical Corp  ESMC.O : 
 * Escalon medical corp. reports first quarter fiscal 2016 results 
 * Q1 loss per share $0.04 
 * In October 2015 it implemented a reduction in force that is expected to 
   represent savings of approximately $770,000 annually 
 * Qtrly consolidated product revenue increased 5.7% to $2.8 million 
 
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