Stocks Surge Market Movers Leading the Charge Look Now: $INBS
Intelligent Bio Solutions Inc. (NASDAQ:INBS) The earnings announcement from the medical technology company led to pre-market gains of 41.16% in the stock amidst soaring trading volumes.
Intelligent Bio Solutions Inc. announced that revenues and government support income went up 191% year over year to $0.91 million. The revenues from sales of goods came in at $0.8 million, which was a major turnaround from $0 recorded in the prior-year period under the same overhead. The company revealed that the boost in revenues had been a function of the acquisition of Intelligent Fingerprinting Ltd. in October last year.