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0.0823970037453184 0.0823970037453184 0.0823970037453184 0 -0.0149812734082395 0.138576779026217 0.138576779026217 0.0861423220973784
Stock impact report

SenesTech Announces Third Quarter 2024 Financial Results [Yahoo! Finance]

SenesTech, Inc. (SNES) 
Last senestech, inc. earnings: 11/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: senestech.investorroom.com
Company Research Source: Yahoo! Finance
leader in fertility control to manage animal pest populations and the only manufacturer of commercial and consumer available EPA-registered Rat Birth Control ® products today announced financial results for the third quarter of 2024. Recent Highlights Revenues of $1.4 million in the first nine months of 2024, an increase of 51% compared to the same period of 2023. Gross margin percentages improved to 65% during Q3 2024 compared to 49% in Q3 2023 driven by improvements in manufacturing operations and scale. Gross profit dollars increased 79% during Q3 2024 compared to Q3 2023. Operating expenses decreased 12% in Q3 2024 compared to Q3 2023 as the Company maintains tight control of expenses. Quarterly adjusted EBITDA loss is the smallest in the Company's history, cutting the cash burn by 21% compared to the year ago quarter, as the Company focuses on its near-term goal of breaking even. Updates on Key Growth Initiatives Launch of Evolve TM Rat: The Evolve Rat product, form Show less Read more
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