Scorpius Holdings Achieves 16% Year-Over-Year Increase in Revenue for the Second Quarter of 2024 [Yahoo! Finance]
Scorpius Holdings, Inc. (SCPX)
Company Research
Source: Yahoo! Finance
DURHAM, N.C., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Scorpius Holdings, Inc (NYSE American: SCPX) (“Scorpius” or “the Company”), an integrated contract development and manufacturing organization (“CDMO”), today provided strategic, financial, and operational updates for the second quarter ended June 30, 2024. Jeff Wolf, CEO of Scorpius Holdings, Inc., stated, “We are extremely proud of the progress Scorpius achieved in the second quarter of 2024. Despite facing a quarter with significant working capital challenges, our revenues still increased by 16% and we reduced our operating expenses by 25% over the same period last year. With our recently completed financing, we now have a much stronger balance sheet to capitalize on a number of exciting projects in front of us. We anticipate this funding will not only allow us to accelerate our revenue growth but should enable us to achieve our goal of positive cash flow.” “Our success this year highlights the significant progress we've made in b
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SCPX
News
- Scorpius Holdings Commends the U.S. House of Representatives’ Passage of the BIOSECURE ActGlobeNewswire
- Scorpius Selected for Rapid Response Partnership Vehicle (RRPV) to Accelerate Medical Countermeasure Development in Support of BARDAGlobeNewswire
- Scorpius Holdings CEO Provides Corporate Update; Highlights Expanding Sales Pipeline, Enhanced Manufacturing Capabilities, and Path Toward Positive Cash FlowGlobeNewswire
- Scorpius Holdings Achieves 16% Year-Over-Year Increase in Revenue for the Second Quarter of 2024GlobeNewswire
- Scorpius Holdings, Inc. Announces Closing of Public OfferingGlobeNewswire
SCPX
Sec Filings
- 9/26/24 - Form SC
- 9/6/24 - Form SC
- 8/26/24 - Form 8-K
- SCPX's page on the SEC website