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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 公佈2024年第一季度財務業績
美股SEC公告 ·  05/10 04:17

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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.
動物害蟲種群生育控制領域的領導者SenesTech公司報告稱，2024年第一季度的收入增長了78％，與2023年同期相比達到41.5萬美元。增長主要是由他們的新產品Evolve的成功推動的，該產品佔本季度收入的一半以上。該公司還擴大了分銷網絡，包括與穀物管理和害蟲防治分銷商簽訂協議，並將地理覆蓋範圍擴大到幾個新的國家。此外，SenesTech推出了新的產品尺寸，並推出了Evolve Mouse，這是一種控制小鼠種群的解決方案。儘管收入增長，但該公司本季度淨虧損180萬美元，較2023年第一季度的200萬美元虧損略有改善。調整後的息稅折舊攤銷前利潤虧損也從去年的180萬美元減少至170萬美元。截至2024年3月，SenesTech擁有360萬澳元的現金。該公司的財務業績和其他信息已於2024年5月9日公佈，可在其網站上以及向美國證券交易委員會提交的8-K表格所附的新聞稿中公佈。
動物害蟲種群生育控制領域的領導者SenesTech公司報告稱，2024年第一季度的收入增長了78％，與2023年同期相比達到41.5萬美元。增長主要是由他們的新產品Evolve的成功推動的，該產品佔本季度收入的一半以上。該公司還擴大了分銷網絡，包括與穀物管理和害蟲防治分銷商簽訂協議，並將地理覆蓋範圍擴大到幾個新的國家。此外，SenesTech推出了新的產品尺寸，並推出了Evolve Mouse，這是一種控制小鼠種群的解決方案。儘管收入增長，但該公司本季度淨虧損180萬美元，較2023年第一季度的200萬美元虧損略有改善。調整後的息稅折舊攤銷前利潤虧損也從去年的180萬美元減少至170萬美元。截至2024年3月，SenesTech擁有360萬澳元的現金。該公司的財務業績和其他信息已於2024年5月9日公佈，可在其網站上以及向美國證券交易委員會提交的8-K表格所附的新聞稿中公佈。
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