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Accelr8 Technology

Accelr8 reports loss of $0.08 per share

Published in Healthcare Finance, Tax and Law Weekly, July 12th, 2006

Accelr8 Technology Corp. (AXK) reported its third quarter financial results.

The company reported a loss of $788,865 or $0.08 per share on net revenues of $19,800 for the quarter ended April 30, 2006. In the comparable 3-month period of fiscal 2005, Accelr8 reported a net loss of $562,838 or $0.06 per share on net revenues of $120,104.

For the 9-month period ending April 30, 2006, the company reported a loss of $2,347,470 or $0.24 per share on net revenues of $161,678. For the comparable 9-month period in fiscal 2005 the company reported a loss of $1,387,160 or $0.14 per share on net revenues of $382,859. The company's fiscal year ends July 31,...

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