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Posted On: 05/15/2020 5:03:05 PM
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NetworkNewsBreaks - Sigma Labs, Inc. (NASDAQ: SGLB) Releases Q1 2020 Financial Results
Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the additive manufacturing industry, on Thursday reported its financial and operational results for the first quarter ended March 31, 2020. Among the highlights, the company announced several key contract wins to further validate its technology. “The first quarter of 2020, even amongst the various COVID-19 related headwinds, positioned us for an exciting year in the commercialization of PrintRite3D,” Sigma Labs president and chief executive officer Mark K. Ruport stated in the news release. “Although we had some short-term impact on our business in March, we are cautiously optimistic that the momentum in the market and the increased demand for more agility in manufacturing supply chains will accelerate the growth of 3D metal printing and open up an even larger opportunity and demand for our technology. We have a well-refined product, ready for use in immediate production and validated by tier-1 partners globally.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the additive manufacturing industry, on Thursday reported its financial and operational results for the first quarter ended March 31, 2020. Among the highlights, the company announced several key contract wins to further validate its technology. “The first quarter of 2020, even amongst the various COVID-19 related headwinds, positioned us for an exciting year in the commercialization of PrintRite3D,” Sigma Labs president and chief executive officer Mark K. Ruport stated in the news release. “Although we had some short-term impact on our business in March, we are cautiously optimistic that the momentum in the market and the increased demand for more agility in manufacturing supply chains will accelerate the growth of 3D metal printing and open up an even larger opportunity and demand for our technology. We have a well-refined product, ready for use in immediate production and validated by tier-1 partners globally.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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