PositiveID Corporation announced revenues results for the first quarter ended March 31, 2017. For the quarter, the company's revenues were $1.2 million, compared to $1.0 million for the prior sequential quarter, and $1.7 million for the quarter ended March 31, 2016. The decreased revenue from the first quarter of 2017 compared to the prior year quarter was driven by the delivery of two large projects in the company's Mobile Labs segment in early 2016. In early 2017 work progressed on several mobile labs, which will likely not be delivered until the second half of 2017.

The company provided revenue guidance for the year 2017. For the year, the company expected 2017 revenues will exceed 2016 revenues of $5.6 million.