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Stock impact report

Co-Diagnostics Inc (CODX) Q3 2024 Earnings Call Highlights: Navigating Revenue Decline and ... [Yahoo! Finance]

Co-Diagnostics, Inc. (CODX) 
US:NASDAQ Investor Relations: ir.codiagnostics.com/investor-relations
Company Research Source: Yahoo! Finance
Product Revenue: $0.2 million in the third quarter of 2024. Gross Profit: $0.3 million, compared to $2.2 million in the prior year comparable period. Total Operating Expenses: $10.6 million, decreased from $11.1 million in the third quarter of 2023. Research and Development Expenses: $4.9 million, compared to $5.8 million in the prior year period. Income Before Taxes: Loss of $9.7 million, compared to a loss of $8.1 million in the prior year. Net Loss: $9.7 million or $0.32 per fully diluted share, compared to a net loss of $6.0 million or $0.20 per fully diluted share in the prior year. Adjusted EBITDA: Loss of $8.8 million, compared to a loss of $6.5 million in the prior year. Cash, Cash Equivalents, and Marketable Investment Securities: $37.7 million at the end of the quarter. Warning! GuruFocus has detected 5 Warning Signs with CODX. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcr Show less Read more
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