earnings
confidence high
sentiment neutral
materiality 0.65
Femasys Q3 2024 revenue up 127% to $555K; net loss widens to $5.4M
FEMASYS INC
2024-Q3 EPS reported
-$0.62
revenue$1,047,532
- Revenue $554,908 (+127% YoY); first U.S. and international FemaSeed sales in Q3.
- Net loss $5.4M ($0.24/share) vs $4.0M ($0.26/share) in Q3 2023.
- Cash $7.6M; expects runway into July 2025.
- Announced partnerships with Boston IVF and Spain distributors; Spain deals expected >$1.3M over next year.
- Received FDA clearance for FemChec, CE mark for FemVue MINI, and patent for FemBloc.