Scorpius Holdings expects Q1 2024 revenue of $4-5M and operating loss up to $5.1M

Scorpius Holdings, Inc.

2024-Q1 EPS reported -$0.16 revenue$3,513,948

Preliminary Q1 2024 revenue expected between $4.0M and $5.0M.
Operating loss expected between $3.8M and $5.1M; net loss before tax $4.0M-$5.3M.
Cash and short-term investments at March 31, 2024: approximately $1.7M.
Results are preliminary, unaudited, and subject to adjustment after closing procedures.

item 2.02

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Scorpius Holdings, Inc. reported the quarter ended March 31, 2024 results: revenue between $4.0 million and $5.0 million, net income net loss before income taxes from continuing operations to be between $4.0 million and $5.3 million.

Period: the quarter ended March 31, 2024
Revenue: between $4.0 million and $5.0 million
Net income: net loss before income taxes from continuing operations to be between $4.0 million and $5.3 million
Result: preliminary results

Exact text from the filing

On a preliminary unaudited basis, for the quarter ended March 31, 2024, Scorpius Holdings, Ins. (the “Company”) expects to recognize between $4.0 million and $5.0 million of revenue. The Company expects its operating loss to be between $3.8 million and $5.1 million and net loss before income taxes from continuing operations to be between $4.0 million and $5.3 million.

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Source: SEC EDGAR

accession 0001079973-24-000680

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