Astrotech (ASTC) Reports Q1 Loss of $0.16

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Astrotech Reports First Quarter of Fiscal Year 2016 Financial Results

November 9, 2015 9:05 AM EST

- iONTRAC 1st Detect Patents Strengthen Competitive Position -

AUSTIN, Texas--(BUSINESS WIRE)-- Astrotech Corporation (NASDAQ: ASTC) reported its financial results for the quarter ended September 30, 2015, the first quarter of fiscal year 2016.

Astrotech continues to execute our plan to commercialize the breakthrough technologies of our three subsidiaries, said Thomas B. Pickens III, Chairman and CEO of Astrotech Corporation. 1st Detect is positioned to turn the corner from a research and development (R&D) focus to an operating company. In the first quarter of fiscal year... More