Kelyniam Global Releases Q1 Financials [Yahoo! Finance]
KELYNIAM GLOBAL INC (KLYG)
Company Research
Source: Yahoo! Finance
Financial highlights for the three months ended March 31, 2024 and the same period in 2023 include: Total revenue of compared to , an increase of 60.5% Gross Margin of compared to an increase of 59.0% Operating profit of compared to a loss of representing an increase to profitability of Profitability was strongly enhanced by a year's long effort in reconfiguring the Company's structural costs and a tight focus on this year's operations. The Company saw those efforts pay off with decreased consulting fees and information technology costs which positively affected the bottom line. The complete financials can be found at www.kelyniam.com Chief Operating and Revenue Officer, Desiree Webb , said, "Sales momentum from Q4 continued into Q1, resulting in record growth, quarterly revenue and profit. Surgeons and Distributors using Kelyniam custom cranial and craniofacial implants have increased, in addition to the level of case complexity. This is a result of proven outcomes, a lase
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