“We started fiscal year 2026 on a strong note, generating over $1 million in revenue – a record for our Company and a significant milestone,” said Harry Simeonidis, President and CEO of Intelligent Bio Solutions (INBS). “As new customer acquisitions accelerate, we are seeing strong momentum in both cartridge and reader sales, with cartridge revenue up approximately 43% year-over-year and reader revenue up approximately 23% year-over-year for the fiscal first quarter. These results represent a substantial improvement on the previous quarter, demonstrating the strength of our business model and positioning us well for continued growth.”
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