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BRIEF-Milestone Scientific reports 10% increase in revenue for fiscal 2016
April 3, 2017 / 11:44 AM / in 4 months

BRIEF-Milestone Scientific reports 10% increase in revenue for fiscal 2016

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April 3 (Reuters) - Milestone Scientific Inc

* Milestone Scientific reports 10% increase in revenue for fiscal 2016

* Milestone Scientific Inc - believe still on track to receive regulatory marketing clearance in U.S. for epidural instrument in first half of 2017

* Milestone Scientific Inc - "deferred over $1 million in sales due a delayed payment in Q4, which we expect to record in 2017"

* Milestone Scientific Inc - with completion of clinical trials for epidural instrument, expect burn rate of medical subsidiary will be further reduced Source text for Eikon: Further company coverage:

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