MagneGas Corp. (MNGA) Reports Q1 Loss of $0.06

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MagneGas Reports Financial Results for the First Quarter of 2015

May 13, 2015 8:01 AM EDT

TAMPA, Fla., May 13, 2015 /PRNewswire/ -- MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), a technology company that counts among its inventions a patented process that converts liquid waste into MagneGas® fuel, today announced financial results for the first quarter ending March 31, 2015.

Financial Highlights - March 31, 2015

Revenues for the three months ended March 31, 2015 increased 185% over the same period 2014 and were $545,648 and $191,601, respectively; Gross margins remained flat at 45% despite the introduction of the new MagneGas2® product line; The Company had an ending cash balance of... More

MagneGas® Launches New Corporate Website

May 12, 2015 8:30 AM EDT

TAMPA, Fla., May 12, 2015 /PRNewswire/ -- MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), a technology company that counts among its inventions a patented process that converts liquid waste into MagneGas® fuel, announced today that the Company released its new corporate website.

"We have been working on an improved internet experience for MagneGas visitors for quite some time and are pleased to have launched a website with clearly targeted markets and enhanced features such as an interactive distributor locator," commented Ermanno Santilli, CEO of MagneGas Corporation. "Customer and... More

MagneGas Schedules First Quarter 2015 Earnings & Business Update Conference Call

May 12, 2015 8:00 AM EDT

TAMPA, Fla., May 12, 2015 /PRNewswire/ -- MagneGas Corporation ("MagneGas" or the "Company") (NASDAQ: MNGA), a technology company that counts among its inventions a patented process that converts liquid waste into MagneGas® fuel, announced today that it will host a conference call on Wednesday, May 13th at 11:00 a.m. Eastern Time to discuss the company's financial results for the first quarter March 31, 2015, as well as the Company's corporate progress and other meaningful developments.

Interested parties can access the conference call by dialing (877) 407-8033 for U.S. callers or (201) 689-8033 for international... More