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Stock impact report

Protalix BioTherapeutics Inc (PLX) Q3 2024 Earnings Call Highlights: Revenue Surge and ... [Yahoo! Finance]

Protalix BioTherapeutics, Inc. (DE) (PLX) 
Company Research Source: Yahoo! Finance
Cost of Goods Sold: $8.4 million, a 71% increase from $4.9 million in Q3 2023. Research and Development Expenses: $3 million, a 19% decrease from $3.7 million in Q3 2023. Selling, General and Administrative Expenses: $2.6 million, a 30% decrease from $3.7 million in Q3 2023. Net Income: $3.2 million, compared to a net loss of $1.9 million in Q3 2023. Cash and Cash Equivalents: $27.4 million as of September 30, 2024. Income Taxes: $0.6 million, compared to $0.1 million in Q3 2023. Warning! GuruFocus has detected 7 Warning Signs with PLX. Release Date: November 14, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Protalix BioTherapeutics Inc ( PLX ) completed all eight cohorts of the first-in-human Phase I clinical trial for PRX-115, showing promising preliminary results. The company reported a significant increase in revenues from selling goods, up 75% compared to the same period last year, driven by increased Show less Read more
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