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SenesTech | 8-K: SenesTech Announces First Quarter 2024 Financial Results

SenesTech | 8-K: SenesTech Announces First Quarter 2024 Financial Results

SenesTech | 8-K：SenesTech 公布2024年第一季度财务业绩
美股SEC公告 ·  05/09 13:17

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SenesTech, Inc., a leader in fertility control for animal pest populations, reported a 78% increase in revenue for the first quarter of 2024, reaching $415,000 compared to the same period in 2023. The growth was primarily driven by the success of their new product, Evolve, which accounted for over half of the quarter's revenue. The company also expanded its distribution network, including agreements with grain management and pest control distributors, and increased its geographic reach to several new countries. Additionally, SenesTech introduced new product sizes and launched Evolve Mouse, a solution for controlling mouse populations. Despite the revenue growth, the company recorded a net loss of $1.8 million for the quarter, a slight improvement from the $2.0 million loss in Q1 2023. The adjusted EBITDA loss was also reduced to $1.7 million from $1.8 million in the previous year. As of March 2024, SenesTech had $3.6 million in cash. The company's financial results and other information were announced on May 9, 2024, and are available on their website and through a press release attached to their Form 8-K filing with the SEC.
SenesTech, Inc., a leader in fertility control for animal pest populations, reported a 78% increase in revenue for the first quarter of 2024, reaching $415,000 compared to the same period in 2023. The growth was primarily driven by the success of their new product, Evolve, which accounted for over half of the quarter's revenue. The company also expanded its distribution network, including agreements with grain management and pest control distributors, and increased its geographic reach to several new countries. Additionally, SenesTech introduced new product sizes and launched Evolve Mouse, a solution for controlling mouse populations. Despite the revenue growth, the company recorded a net loss of $1.8 million for the quarter, a slight improvement from the $2.0 million loss in Q1 2023. The adjusted EBITDA loss was also reduced to $1.7 million from $1.8 million in the previous year. As of March 2024, SenesTech had $3.6 million in cash. The company's financial results and other information were announced on May 9, 2024, and are available on their website and through a press release attached to their Form 8-K filing with the SEC.
动物害虫种群生育控制领域的领导者SenesTech公司报告称，2024年第一季度的收入增长了78％，与2023年同期相比达到41.5万美元。增长主要是由他们的新产品Evolve的成功推动的，该产品占本季度收入的一半以上。该公司还扩大了分销网络，包括与谷物管理和害虫防治分销商签订协议，并将地理覆盖范围扩大到几个新的国家。此外，SenesTech推出了新的产品尺寸，并推出了Evolve Mouse，这是一种控制小鼠种群的解决方案。尽管收入增长，但该公司本季度净亏损180万美元，较2023年第一季度的200万美元亏损略有改善。调整后的息税折旧摊销前利润亏损也从去年的180万美元减少至170万美元。截至2024年3月，SenesTech拥有360万澳元的现金。该公司的财务业绩和其他信息已于2024年5月9日公布，可在其网站上以及向美国证券交易委员会提交的8-K表格所附的新闻稿中公布。
动物害虫种群生育控制领域的领导者SenesTech公司报告称，2024年第一季度的收入增长了78％，与2023年同期相比达到41.5万美元。增长主要是由他们的新产品Evolve的成功推动的，该产品占本季度收入的一半以上。该公司还扩大了分销网络，包括与谷物管理和害虫防治分销商签订协议，并将地理覆盖范围扩大到几个新的国家。此外，SenesTech推出了新的产品尺寸，并推出了Evolve Mouse，这是一种控制小鼠种群的解决方案。尽管收入增长，但该公司本季度净亏损180万美元，较2023年第一季度的200万美元亏损略有改善。调整后的息税折旧摊销前利润亏损也从去年的180万美元减少至170万美元。截至2024年3月，SenesTech拥有360万澳元的现金。该公司的财务业绩和其他信息已于2024年5月9日公布，可在其网站上以及向美国证券交易委员会提交的8-K表格所附的新闻稿中公布。
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