ImmuCell Q3 Earnings Decline Y/Y, Sales Grow Amid Margin Challenges [Yahoo! Finance]
ImmuCell Corporation (ICCC)
US:NASDAQ Investor Relations:
immucell.com/investors
Company Research
Source: Yahoo! Finance
Over the past month, ICCC stock has seen a 0.3% decline against the S&P 500's 0.7% rise, highlighting relatively underwhelming performance amid broader market strength. The company reported third-quarter 2024 earnings per diluted share of 9 cents, down from 12 cents in the prior-year quarter. ImmuCell's product sales for the third quarter of 2024 increased 11% to $6 million from $5.4 million in the year-ago quarter. This growth reflects robust customer demand for the company's First Defense product line, particularly its expanded Tri-Shield offering. ImmuCell Corporation price-consensus-eps-surprise-chart | ImmuCell Corporation Quote ImmuCell faced continued challenges with production costs. The cost of goods sold increased to $4.4 million in the third quarter of 2024 from $4.1 million a year earlier, led by inflationary pressures on labor and raw materials. However, contamination events, which significantly affected the company's previous quarters, have not recurred since Apr
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News
- Zacks Initiates Coverage of ImmuCell With Neutral Recommendation [Yahoo! Finance]Yahoo! Finance
- ImmuCell Third Quarter 2024 Earnings: US$0.086 loss per share (vs US$0.12 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- ImmuCell Announces Unaudited Financial Results for the Quarter Ended September 30, 2024GlobeNewswire
- ImmuCell to Announce Unaudited Financial Results for the Quarter Ended September 30, 2024 [Yahoo! Finance]Yahoo! Finance
- ImmuCell to Announce Unaudited Financial Results for the Quarter Ended September 30, 2024GlobeNewswire
ICCC
Sec Filings
- 12/9/24 - Form 8-K
- 12/2/24 - Form 8-K
- 11/13/24 - Form 10-Q
- ICCC's page on the SEC website