May 15, 2017 / 1:15 PM / 3 months ago

BRIEF-Magnegas reports Q1 loss per share $0.03

May 15 (Reuters) - Magnegas Corp

* Magnegas reports 31% increase in revenue for the first quarter of 2017

* Q1 revenue $871,800 versus $665,700

* Magnegas Corp qtrly loss per share $0.03

* Magnegas Corp - company continues to evaluate its costs structure, and may seek to reduce costs further throughout remainder of 2017

* Magnegas Corp - "has conducted a full review of previous staffing model and has begun to eliminate redundant and non-essential positions" Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below