XWELL, Inc. Reports Third Quarter 2024 Results [Yahoo! Finance]
XWELL, Inc. (XWEL)
Company Research
Source: Yahoo! Finance
the go, today reported results for the third quarter and nine-month period ended September 30, 2024. Recent Highlights: XWELL delivered 2024 third quarter revenue growth of approximately 13% from the comparable quarter in 2023. Additionally, for the nine-month period ended September 30, 2024, XWELL delivered revenue growth of approximately 16% from the comparable nine-month period in 2023. XWELL continues to focus on reducing its cost structure and returning to profitability. For the nine-month period ended September 30, 2024, the Company: Reduced cost of sales by approximately 6% when compared with the comparable nine-month period in 2023. Reduced general and administrative expenses by approximately 5% when compared with the comparable nine-month period in 2023. Reduced total operating expenses by approximately 35% when compared with the comparable nine-month period in 2023. In August of 2024, XWELL continued to fuel its future growth plans by executing a registered dir
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XWEL
Sec Filings
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- XWEL's page on the SEC website