Predictive Technology Group, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2019
February 14, 2020 at 04:36 pm EST
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Predictive Technology Group, Inc. announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was USD 7.336 million compared to USD 10.687 million a year ago. Operating loss was USD 13.727 million compared to USD 2.476 million a year ago. Net loss was USD 26.002 million compared to USD 2.329 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.01 a year ago. For the half year, sales was USD 15.595 million compared to USD 18.750 million a year ago. Operating loss was USD 26.619 million compared to USD 4.806 million a year ago. Net loss was USD 33.867 million compared to USD 4.333 million a year ago. Basic loss per share from continuing operations was USD 0.12 compared to USD 0.02 a year ago.
Predictive Technology Group, Inc. is a life science company. The Company, through its subsidiaries, is focused on specific points of the care continuum, including detection, prevention and treatment. Predictive Analytics, Predictive Laboratories, and Predictive Biotech each bring critical solutions to personalized patient care by leveraging its research, genomics, genetic library and expertise in developing bioscience solutions. Predictive Analytics is the repository for its genetic library. Predictive Biotech provides regenerative medicine. Its products are derived from tissue sources rich in properties that support the bodyâs natural ability to heal itself. All products are safely, ethically and minimally processed to deliver allografts that preserve the naturally occurring characteristics and factors of the donor tissue. Its research and use of processing methods has propelled its placental-derived and Whartonâs Jelly umbilical cord-derived products to new heights.
PREDICTIVE TECHNOLOGY GROUP, INC. 
