secwatch / observer
8-K filed March 7, 2024, 6:59 PM ET ticker HBIO CIK 0001123494
earnings confidence high sentiment positive materiality 0.70

Harvard Bioscience Q4 2023 revenue $28.2M, guides 2024 flat-to-modest growth, margin improvement

HARVARD BIOSCIENCE INC

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

HARVARD BIOSCIENCE INC reported the fourth quarter ended December 31, 2023 results: revenue $28.2 million, net income $(1.8) million, EPS $(0.04) per diluted share.

Period
the fourth quarter ended December 31, 2023
Revenue
$28.2 million
Net income
$(1.8) million
EPS
$(0.04) per diluted share
Result
reported results
Exact text from the filing
a filing. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 exh_991.htm EXHIBIT 99.1 Exhibit 99.1 Harvard Bioscience Announces Fourth Quarter 2023 Financial Results · Q4 Revenues of $28.2 million · Q4 Gross Margin of 58.0% (230 bps year-over-year improvement) · Q4 operating income of $0.3 million, adjusted operating income of $3.3 million · Strong operating cash flow
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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

HARVARD BIOSCIENCE INC reported the fiscal year ended December 31, 2023 results: revenue $112.3 million, net income $(3.4) million, EPS $(0.08) per diluted share. Guidance initiated.

Period
the fiscal year ended December 31, 2023
Revenue
$112.3 million
Net income
$(3.4) million
EPS
$(0.08) per diluted share
Guidance
initiated
Result
reported results
Exact text from the filing
in the same period last year. Debt was reduced by $2.3 million during the quarter. Year Ended December 31, 2023 Highlights For the year ended December 31, 2023, revenues were $112.3 million, compared to $113.3 million in the same period a year ago. Revenues for the year include a net reduction of $5.0 million from discontinued products compared to 2022. Gross margin
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HARVARD BIOSCIENCE INC filing history →

Source: SEC EDGAR
accession 0001171843-24-001222
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