earnings
confidence high
sentiment negative
materiality 0.60
Psychemedics Q3 revenue falls 9% to $5.2M; net loss narrows to $0.5M from $2.1M
PSYCHEMEDICS CORP
- Q3 2024 revenue $5.2M, down 9% YoY from $5.7M; nine-month revenue $15.3M, down 11%.
- Net loss narrowed to $0.5M ($0.09/share) vs $2.1M ($0.36/share) in prior-year Q3.
- Nine-month net loss $2.1M ($0.35/share) vs $3.2M ($0.56/share) in 2023.