NEXGEL Announces Preliminary Record Second Quarter 2024 Revenue of $1.4 Million and Issues Revenue Guidance for Third and Fourth Quarter of 2024 of $2.2 Million and $2.6 Million, Respectiv...
NexGel, Inc (NXGL)
Company Research
Source: Yahoo! Finance
over-the-counter (OTC) products including ultra-gentle, high-water-content hydrogels for healthcare and consumer applications, today announced preliminary, unaudited revenue for the second quarter of 2024 and has provided revenue guidance for the third and fourth quarter of 2024. Based on preliminary and unaudited review, the Company anticipates: Second Quarter 2024 Revenue: $1.4 million, an increase of approximately 20% year-over-year and 10% sequentially Third Quarter 2024 Revenue: $2.2 million, an increase of 83% year-over-year Fourth Quarter 2024 Revenue: $2.6 million, an increase of 140% year-over-year Adam Levy, CEO of NEXGEL, commented, “We are pleased to deliver record revenue for the second quarter of 2024 in spite of lower-than-normal revenues at CG Converting and Packaging due to our move into our newly expanded facility. We are also pleased to provide an outlook for our expected results for the second half of this year that has exceeded our expectations for both
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NXGL
News
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- Wells Fargo: With Fed expected to cut 175 bps through 2025, buy the dip in stocks [Yahoo! Finance]Yahoo! Finance
- NEXGEL, Inc. (NXGL) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- NEXGEL Reports Record Second Quarter 2024 Revenue of $1.44 Million [Yahoo! Finance]Yahoo! Finance
- NEXGEL Reports Record Second Quarter 2024 Revenue of $1.44 MillionGlobeNewswire
NXGL
Sec Filings
- 9/17/24 - Form 4
- 9/17/24 - Form 4
- 9/17/24 - Form 4
- NXGL's page on the SEC website