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BRIEF-Magnegas reports Q1 loss per share $0.03

May 15 Magnegas Corp

* Magnegas reports 31% increase in revenue for the first quarter of 2017

* Q1 revenue $871,800 versus $665,700

* Magnegas Corp qtrly loss per share $0.03

* Magnegas Corp - company continues to evaluate its costs structure, and may seek to reduce costs further throughout remainder of 2017

* Magnegas Corp - "has conducted a full review of previous staffing model and has begun to eliminate redundant and non-essential positions" Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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