IsoRay (ISR) Misses Q1 EPS by 1c

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IsoRay Reports First Quarter Fiscal 2016 Financial Results

November 10, 2015 8:30 AM EST

RICHLAND, WA -- (Marketwired) -- 11/10/15 -- IsoRay, Inc. (NYSE MKT: ISR), a medical technology company and innovator in seed brachytherapy and medical radioisotope applications for the treatment of prostate, brain, lung, head and neck and gynecological cancers, today announced its financial results for the first quarter of fiscal 2016, which ended September 30, 2015.

Revenue was $1.26 million for the first quarter, a 21% increase compared to $1.04 million for the first quarter of fiscal 2015, which ended September 30, 2014. Operating expenses were $1.17 million compared to $1.11 million in the first quarter of the last fiscal year. Operating loss was $1.09 million... More