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NEWS ER

ImmuCell Announces Preliminary, Unaudited Sales Results for Q4 and Full Year 2024
Positive
52% revenue growth in Q4 2024 to $7.8 million
52% revenue growth for full year 2024 to $26.5 million
Production output exceeding capacity at 103%
Significant reduction in order backlog from $9.4M to $4.4M
Strong product demand from distributors

Negative
Re-Tain® still pending FDA approval
Operating at full capacity might limit further growth
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