Harvard Bioscience Announces Strategic Action Plan and Financial Targets
Harvard Bioscience, Inc. (HBIO)
Last harvard bioscience, inc. earnings: 2/26 07:15 am
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US:NASDAQ Investor Relations:
investor.harvardbioscience.com
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Source: GlobeNewswire
HOLLISTON, Mass., Sept. 09, 2019 (GLOBE NEWSWIRE) -- Harvard Bioscience, Inc. (Nasdaq: HBIO) today announces its strategic action plan and financial targets for rest of year 2019 through 2021. Key strategic actions and financial targets to position Harvard Bioscience for long-term profitable growth: Strategic Action Timing•Stabilize business and complete leadership team2019•Refinance debt and reduce interest expense2019•Improve margins through consolidations, reduced COGS and operating expenses2019 & 2020•Optimize manufacturing and supply chain2019 & 2020•Reenergize and refocus sales operations2019 & 2020•Rationalize product portfolio and pricing2019 & 2020•Pay down debt and reduce leverage ratio to 2020•Disciplined return to opportunistic acquisitions2021 Non-GAAP Financial Targets •2019: Meet existing guidance•2nd half of 2020: Modest organic revenue growth; 58%
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HBIO
Earnings
- 11/7/24 - Miss
HBIO
Sec Filings
- 11/14/24 - Form SC
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- HBIO's page on the SEC website