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BRIEF-Magnegas reports preliminary Q2 financial results
August 18, 2017 / 11:11 AM / a month ago

BRIEF-Magnegas reports preliminary Q2 financial results

Aug 18 (Reuters) - Magnegas Corp:

* Magnegas reports preliminary financial results and business update for the second quarter of 2017

* Initiated cost reduction program​

* Sees Q2 revenue $966,200 versus $837,300

* Preliminary gross profit for Q2 ending June 30, 2017 increased to $433,547 from $364,982 for same period last year. Source text for Eikon: Further company coverage:

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