Astrotech (ASTC) Reports Q2 Loss of $0.12/Share

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Astrotech Reports Second Quarter of Fiscal Year 2016 Financial Results

February 9, 2016 7:22 AM EST

AUSTIN, Texas--(BUSINESS WIRE)-- Astrotech Corporation (NASDAQ: ASTC) reported its financial results for the second quarter of fiscal year 2016 as of December 31, 2015.

During the second quarter of fiscal year 2016, our technologies garnered additional validation, said Thomas B. Pickens III, Chairman and CEO of Astrotech Corporation. 1st Detect is meeting and exceeding milestones related to the next generation chemical detector (NGCD) program. The engineering team remains focused on satisfying application specific chemical detection objectives for customers and development partners.

Astral Color ICE technology was selected by a worldwide technology leader in the media and entertainment... More