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Stock impact report

SenesTech Inc (SNES) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic Expansion [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
Operating Expenses: Down 12% year over year. Adjusted EBITDA: Cash burn reduced to approximately $500,000 per month. E-commerce Sales: Represented 35% of Q3 2024 revenue. Product Revenue Contribution: Evolve rat product accounted for 52% and Evolve mouse for 17% of Q3 2024 revenue. International Sales: Nominal in Q3 2024, but significant orders anticipated. Warrant Exercise Proceeds: Approximately $2.3 million from the exercise of existing warrants. Warning! GuruFocus has detected 4 Warning Signs with SNES. Release Date: November 12, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript SenesTech Inc ( NASDAQ:SNES ) reported record quarterly revenue, driven by the success of its Evolv product line. Gross margins improved significantly to 65% in Q3 2024, up from 49% in the same quarter last year. Operating expenses decreased by 12% year-over-year, demonstrating improved efficiency. The Evolv rat product, launch Show less Read more
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