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Stock impact report

NovaBay Pharmaceuticals Reports Third Quarter 2024 Financial Results

NovaBay Pharmaceuticals, Inc. (NBY) 
NASDAQ:AMEX Investor Relations: novabay.com/investors
Company Research Source: Business Wire
Online Avenova® sales increase 14% for the quarter and 19% for the nine monthsSales and marketing expenses declined 25% for the quarter and 18% for the nine months reflecting digital marketing optimization EMERYVILLE, Calif.--(BUSINESS WIRE)--NovaBay® Pharmaceuticals, Inc. (NYSE American: NBY) reports financial results for the three and nine months ended September 30, 2024.“Avenova sales through the online channel for the quarter increased 14% over the prior year, while we reduced our marketing spend by 25% in the same period as we further optimized our highly efficient digital marketing programs,” said Justin Hall, CEO of NovaBay. “We saw continued momentum in Avenova online sales into the current quarter. Sales through Amazon in October continued to be strong with a successful Prime Day event.”Financial results for the three and nine months ended September 30, 2024 and 2023 do not include results from DERMAdoctor, which was divested on March 25, 2024 and is accounted for in disco Show less Read more
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