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BRIEF-Ibex says sales for Q3 were up 60 pct

Published 2017-06-19, 08:25 a/m
© Reuters.  BRIEF-Ibex says sales for Q3 were up 60 pct
IBT
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June 19 (Reuters) - Ibex Technologies Inc IBT.V :

* Ibex reports results for the third quarter and the nine months ended april 30, 2017

* Ibex Technologies Inc - sales for quarter ended april 30, 2017 ($1.2 million) were up 60 pct compared to a very down quarter in same period of prior year

* Ibex Technologies Inc - expect that construction of our fermentation facility is on track to be finished in july 2017 ( q4 of this fiscal year)

* Ibex Technologies Inc - expect q4 sales to be higher than current quarter ;net earnings may reflect a modest loss as a result of normal heavier expenses in q4 Source text for Eikon: ID:nMKW3rBpJa Further company coverage: IBT.V

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