Astrotech cut operating costs by 15.7% and reported $11.6 million in working capital, but the release gives no sales or profit totals. NASA has not selected its proposal, so the report does not show a clear change in the company's outlook.
Lower spending and working capital give Astrotech resources for its ongoing work. But the release gives no sales or profit totals, and NASA has not selected its proposal. These facts do not show a clear change in the company's business outlook.
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