IsoRay, Inc. reported unaudited revenue results for the second quarter and six months ended December 31, 2017. The company's preliminary revenue for the three months ended December 31, 2017, was $1.54 million compared to $1.03 million for the same period last year and $1.21 million in the first quarter of fiscal 2018. This represents increases of 50% year-over-year and 27% from the previous quarter.

The company's preliminary revenue for the six months ended December 31, 2017, was $2.75 million, compared to $2.11 million for the first six months of fiscal 2017, an increase of 30% year-over-year.

The company is projecting that revenue would grow by not less than 20% in fiscal 2018, and reach approximately $5.8 million for the full year.