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Harvard Bioscience Inc (HBIO) Q3 2024 Earnings Call Highlights: Navigating Challenges and ... [Yahoo! Finance]

Harvard Bioscience, Inc. (HBIO) 
Last harvard bioscience, inc. earnings: 2/26 07:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.harvardbioscience.com
Company Research Source: Yahoo! Finance
Operating Loss (GAAP): $1.9 million. Adjusted Operating Income: $800,000 or 3.8% of revenue. Adjusted EBITDA: $1.3 million or 6% of revenue. Americas Revenue: Down 12% year-over-year in Q3 2024. Preclinical Sales: Declined 26% year-over-year. Cellular and Molecular Revenue Growth: 15% year-over-year. Europe Revenue: Down 12% year-over-year, stabilized sequentially. APAC Revenue: Down 20% year-over-year and sequentially. Adjusted EBITDA (Year-over-Year): Decreased from $2.2 million to $1.3 million. Cash Flow Used in Operations: $0.8 million in Q3 2024. Net Debt: Slightly above the end of 2023 levels. Full Year Revenue Guidance: Reduced to $93 to $96 million. Q4 Revenue Expectation: $23 to $26 million. Q4 Gross Margin Expectation: 59% to 60% range. Q4 Adjusted EBITDA Margin Expectation: Mid 10s percentage. Warning! GuruFocus has detected 2 Warning Signs with HBIO. Release Date: November 07, 2024 For the complete transcript of the earnings call, please Show less Read more
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