Thursday 4 August 2022

Proactive Investors Interview: BioLargo says it will report record quarterly revenue, with more record quarters to follow

Source: Proactive Investors ( 

BioLargo Inc (OTCQB:BLGO) CEO Dennis Calvert says a 37% quarter-over-quarter increase in second-quarter revenue to around $1.3 million is "the culmination of a lot of work".

"It really is the moment in which we are seeing some pretty dramatic percentage increases," Calvert told Proactive.

In part, Calvert attributed the quarterly gains to expanded sales of pet control products and wastewater treatment technologies.

"The number are getting more and more ... meaningful," he added. "Two of our operating units we reported on last quarter were teetering on profitability. We're pretty sure we've now achieved that objective."

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