Impact Biomedical (NYSEAMERICAN:IBO) Announces Quarterly Earnings Results

Impact Biomedical (NYSEAMERICAN:IBO – Get Free Report) issued its quarterly earnings data on Monday. The company reported ($0.08) earnings per share (EPS) for the quarter, FiscalAI reports. Impact Biomedical had a return on equity of 8.81% and a net margin of 2,254.28%. The company had revenue of $0.02 million for the quarter.

Impact Biomedical Price Performance

Shares of NYSEAMERICAN IBO traded up $0.23 during trading hours on Monday, reaching $4.33. 4,395 shares of the stock were exchanged, compared to its average volume of 106,784. The stock’s fifty day simple moving average is $5.00 and its 200 day simple moving average is $6.20. Impact Biomedical has a 52 week low of $2.43 and a 52 week high of $10.47.

About Impact Biomedical

(Get Free Report)

Impact BioMedical, Inc is a biotechnology company focused on developing biomedical technologies and products intended to address public-health and healthcare needs. Its activities have included research into antiviral, antimicrobial, immunomodulatory and other therapeutic applications.

The company has been associated with the development of Equivir, an antiviral technology described as having potential broad-spectrum applications. Impact BioMedical has also pursued intellectual property and product-development opportunities in areas such as infectious disease prevention, immune support and related biomedical solutions.

Impact BioMedical is affiliated with DSS, Inc, a diversified holding company with interests in healthcare and other industries.

Read More

Receive News & Ratings for Impact Biomedical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Impact Biomedical and related companies with MarketBeat.com's FREE daily email newsletter.