Kelyniam Global Releases Q3 Financials, Strong Performance Continues
KELYNIAM GLOBAL INC (KLYG)
Company Research
Source: PR Newswire
CANTON, Conn., Nov. 11, 2024 /PRNewswire/ -- Kelyniam Global (OTC: KLYG), a maker of custom cranial implants, today announced results for the third quarter ended September 30, 2024. "Kelyniam has consistently delivered strong performance year on year," said Ross Bjella, CEO of Kelyniam. "Our unwavering focus on overnight service and quality has been reflected in our third-quarter results."Financial Highlights (Nine months ended September 30, 2024, vs. September 30, 2023)Total Revenue: $2,492,607, up 43% from $1,741,587Gross Margin: $1,956,714, up 44% from $1,349,684Operating Profit: $273,248, compared to a loss of ($329,993), marking an improvement of $603,241EBITDA: $349,099, compared to a loss of ($254,726) marking an improvement of $603,825"We are proud of our profitable growth in 2024," said Bjella. "Our team has been invigorated by rising sales, the addition of new surgeons and hospital customers, and a stringent focus on expense management. These results support Kelyniam's capab
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