Pacific Edge first-half loss widens, ramps up sales in US

Wed, 25 Nov 2015

By Paul McBeth Nov. 26 (BusinessDesk) - Pacific Edge, which compensated shareholders over the way it announced major US deals in 2013, widened its first-half loss, spending more on the roll-out of products across North America where it ramped up sales of its Cxbladder non-invasive bladder cancer test. The Dunedin-based company reported a loss of $6.4 million, or 1.7 cents per share, in the six months ended Sept. 30, from $4.7 million, or 1.5 cents, a year earlier, it said in a statement. Revenue climbed 68 percent to $2.7 million, includ...

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