BRIEF-Exo U qtrly net loss per share $0.02

Fri Jul 29, 2016 6:06pm EDT
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July 29 (Reuters) - Exo U Inc

* Without additional financing or other revenues, company will be forced to cease operations

* Qtrly revenue $386,925

* Exo u announces its fourth quarter and fiscal 2016 financial results

* Expects to continue to incur further operating losses and negative cash flows from operating activities in development of its business

* Workforce reduction cost savings and other expense reductions, will reduce normalized spend by approximately 50%

* Qtrly net loss per share $0.02 Source text for Eikon: Further company coverage: )