Nanophase Q3 revenue up 22% to $9.7M; reports $0.75M loss from costs and cyber theft

SOLESENCE, INC.

2022-Q3 EPS reported -$0.01 revenue$29,056,000

Q3 2022 revenue $9.7M (+22% YoY); nine-month revenue $29.1M (+31% YoY).
Solésence revenue $5.9M (+30% YoY); Personal Care Ingredients $2.9M (+34% YoY).
Q3 net loss $0.75M includes $0.19M from cyber theft; total cyber theft loss $0.66M in Sep/Oct.
Expects 7-figure annualized reduction in manufacturing expenses over next quarters.
Kleair technology won Most Significant Ingredient at Cosmetics & Toiletries Allē Awards.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SOLESENCE, INC. reported Third Quarter results: revenue $9.7 million, net income loss amounting to $0.75M.

Period: Third Quarter
Revenue: $9.7 million
Net income: loss amounting to $0.75M
Result: reported results

Exact text from the filing

Third Quarter Revenue for the third quarter was $9.7 million, vs. $7.9 million for the same period in 2021, a 22% increase over record revenue.

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

SOLESENCE, INC. filing history →

Source: SEC EDGAR

accession 0001171843-22-007244

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