PositiveID Corporation announced earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported revenues were $1.2 million compared to $1.8 million a year ago. The decreased revenue for the second quarter of 2017 compared to the prior year quarter was driven primarily by the timing of delivery of projects in the Company's Mobile Labs segment.

For the period, the company reported revenues of $2.5 million, up 20% from $2.0 million a year ago. In the first half of 2017, work progressed on several mobile labs that will be delivered in the second half of this year. As individual projects may be material, revenues from quarter to quarter can vary significantly based on the timing of such deliveries. As a result, quarterly revenue may not reflect results projected over an annual period. Operating loss improved by 37% and cash flow from operations improved 31% over the second half of 2016.

The company also provided revenue guidance for the year 2017. For the year, The company expects revenue to exceed 2016 revenue of $5.6 million.