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0.068888888888889 0.068888888888889 0.068888888888889 0.068888888888889 0.068888888888889 0.0355555555555556 0.0355555555555556 0.0355555555555556
Stock impact report

Prenetics Announces Third Quarter 2024 Financial Results

Prenetics Global Limited - Class A Ordinary Share (PRE) 
Company Research Source: PR Newswire
Revenue Grew 59.4% to $7.8 million from Prior Year and 30.9% SequentiallyOfficially Launched IM8Health.com, a new premium supplements brandTencent Invests $30 million in Insighta's Early Cancer DetectionReiterates Revenue Target to Exceed $33 million for FY 2024CHARLOTTE, N.C., Nov. 27, 2024 /PRNewswire/ -- Prenetics Global Limited (NASDAQ: PRE) ("Prenetics" or the "Company"), a leading health sciences company, today announced unaudited financial results for the third quarter ended September 30, 2024, along with recent business updates.Third Quarter 2024 Financial HighlightsRevenue from continuing operations of $7.8 million, as compared to $4.9 million in the third quarter 2023, an increase of 59.4%.Gross profit from continuing operations of $3.9 million, as compared to $1.7 million in the third quarter of 2023, an increase of 138.6%.Gross margin of continuing operations increased to 50.8% from 33.9% in the third quarter 2023, driven by operational efficiencies, better pricing strateg Show less Read more
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