MagneGas (MNGA) Reports Prelim. Q2 Revenues of $966K; 'Metal Cutting Fuel Revenue Increases 50.1%'

MagneGas (NASDAQ: MNGA) reported Q2 revenue for the quarter came in at $966 thousand.

• Metal cutting fuel revenue increases 50.1%
• Preliminary revenues for the three months ended June 30, 2017 were $966,204 as compared to $837,257 for the same period last year. This increase was primarily due to additional customers and distributors. Preliminary gross profit for the second quarter ending June 30, 2017 increased to $433,547 from $364,982 for the same period last year.

For earnings history and earnings-related data on MagneGas (MNGA) click here.

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