$PBIO Pressure BioSciences demand grew modestly through its early years, but is now expected to accelerate starting in 2020. On its 2Q19 conference call, the Company maintained top-line guidance of $6million for 2020, driven primarily by anticipated sales of its recently launched Ultra Shear technology (UST).
Management has committed to building 12 UST machines in 2020, but on the call hinted that it may increase that number based on pending demand. We are lowering our 2019 estimates slightly to reflect PBIOs focus 2020 and its launch of UST.
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