Form 10-Q CHEMBIO DIAGNOSTICS, For: Jun 30

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Chembio Diagnostics (CEMI) Reports Q2 GAAP Loss of $0.86/Share

August 11, 2016 8:34 AM EDT

Chembio Diagnostics (NASDAQ: CEMI) reported Q2 EPS of ($0.86), versus ($0.07) reported last year. Revenue for the quarter came in at $3.27 million, versus $6.72 million reported last year.

The net loss in the 2016 period includes a tax provision for the recording of a valuation allowance on... More