Astrotech Reports First Quarter of Fiscal Year 2023 Financial Results
Astrotech Corporation (ASTC)
US:NASDAQ Investor Relations:
astrotechcorp.com/#!for-investors/c22sj
Company Research
Source: GlobeNewswire
AUSTIN, Texas, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) reported its financial results for the first quarter of fiscal year 2023, which ended September 30, 2022. Financial Highlights & Recent Developments Astrotech’s consolidated balance sheet remains strong with $48.9 million in cash and liquid investments, which are anticipated to support our research and development, organic growth, and potential synergistic acquisition targets.Field trials continue with our AgLAB subsidiary with promising results for the AgLAB-1000-D2™. We believe hemp and cannabis distillers can gain significant improvement on their processing yields by utilizing the AgLAB-1000-D2 system with their existing short path-molecular distillation systems.We began our first production run of the AgLAB-1000-D2 and sales efforts are currently underway.Our BreathTech subsidiary recently contracted with a clinical research firm to assist in procuring breath s
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ASTC
Sec Filings
- 3/26/24 - Form 8-K
- 3/19/24 - Form 4
- 3/18/24 - Form 4
- ASTC's page on the SEC website