earnings
confidence medium
sentiment positive
materiality 0.65
TOMI prelim Q2 rev ~$3.0M, +10% YoY, +170% sequential; BIT sales +31% YoY
TOMI Environmental Solutions, Inc.
2024-Q2 EPS reported
-$0.06
revenue$4,127,479
- Preliminary Q2 2024 revenue ~$3.0M, up 10% YoY and 170% sequentially from Q1 2024.
- BIT Solution sales expected to increase ~31% YoY and 171% sequentially.
- CEO cites strategic growth initiatives, CES demand, and SteraMist Hybrid for strong pipeline.
- Expected full Q2 results release first week of August; figures are preliminary and unaudited.
- Highest quarterly revenue since COVID; management expects continued growth through H2 2024.