Kelyniam Global Releases Q3 Financials, Strong Performance Continues [Yahoo! Finance]
KELYNIAM GLOBAL INC (KLYG)
Company Research
Source: Yahoo! Finance
"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 , up 43% from Gross Margin , up 44% from Operating Profit , compared to a loss of , marking an improvement of EBITDA , compared to a loss of marking an improvement of "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 capability to generate cash and capitalize on our operating model's leverage. While pricing pressures persist, strategic growth and diligent expense management have driven the significant turnaround in our operating profit." Other events occurring in the third quart
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