MagneGas (MNGA) Reports Q3 Loss Per Share of $0.05
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
MagneGas Reports 326% Increase in Revenue for the Third Quarter of 2015; Gross Margins Improve 220 Basis Points
November 10, 2015 5:00 PM ESTTAMPA, Fla., Nov. 10, 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 MagneGas2® fuel, today announced financial results and provided a business update for the third quarter ending September 30, 2015.
Third Quarter 2015 Financial Highlights
Revenue for the third quarter of 2015 increased 326% to $623,893 compared to $146,400 for the same period last year; Revenue for third quarter of 2015 increased 7% sequentially compared to the second quarter of 2015; Gross margin for the... More