Nanophase reports record Q3 revenue $16.9M, net income $3M; Solésence revenue up 171%

SOLESENCE, INC.

2024-Q3 EPS reported $0.08 revenue$39,780,000

Q3 revenue $16.9M (+112% YoY); net income $3.0M vs loss of $1.4M in Q3 2023.
Solésence segment revenue $13.6M (+171% YoY), driving overall growth.
Gross profit $6.1M (+299% YoY); gross margin expanded to 36% from 19%.
Nine-month revenue $39.8M already exceeds full-year 2023 revenue by $2.5M.
Operational: record units shipped, added automation, expanded to 8 ISO 6 clean rooms.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.