1H’20 financial results driven primarily by a 10% reduction in total operating expenses (without COGS) and a 17% reduction in net loss compared to prior year period
Preliminary Third Quarter Total Sales Increase 2% to 11% year-over-year; U.S. Sales up 1% to 3%
Mauna Kea Technologies today announced full financial results for the first half of 2020 ended June 30, 2020 and its preliminary sales for the third quarter. Given the significant uncertainties associated with pace of recovery from the COVID-19 pandemic, the Company has elected to provide, in this context, specific information on current-quarter expected revenue trends.
