Scorpius Holdings Achieves 359% Year-Over-Year Increase in Revenue for the First Quarter of 2024
SCORPIUS HOLDINGS INC (SCPX)
Company Research
Source: GlobeNewswire
DURHAM, N.C., May 29, 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 first quarter ended March 31, 2024. Jeff Wolf, CEO of Scorpius Holdings, Inc., stated, “We are successfully executing our strategy to enhance revenue and reduce costs as we seek to become cash flow positive in the near future. This quarter is indicative of this goal as we achieved a 359% increase in revenue while reducing operating expenses by 34% over the same period last year. We believe this performance reinforces the growing demand for our services and our prudent financial management. Moreover, we have built a highly scalable business model poised to generate meaningful cash flow as we continue to grow our sales and increase utilization of our state-of-the-art San Antonio campus, which we anticipate will allow us
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News
- Scorpius Holdings Receives NYSE American Notice of Delisting and Reports Plans to Appeal [Yahoo! Finance]Yahoo! Finance
- Scorpius Holdings Receives NYSE American Notice of Delisting and Reports Plans to AppealGlobeNewswire
- Scorpius Holdings and Beyond Imagination Announce Trailblazing Partnership to Utilize Autonomous AI-Powered Humanoid Robots for American Biomanufacturing [Yahoo! Finance]Yahoo! Finance
- Scorpius Holdings and Beyond Imagination Announce Trailblazing Partnership to Utilize Autonomous AI-Powered Humanoid Robots for American BiomanufacturingGlobeNewswire
- Scorpius Holdings Achieves 359% Year-Over-Year Increase in Revenue for the First Quarter of 2024 [Yahoo! Finance]Yahoo! Finance
SCPX
Sec Filings
- 6/17/24 - Form ARS
- 6/17/24 - Form DEF
- 6/17/24 - Form 8-K
- SCPX's page on the SEC website