earnings
confidence high
sentiment negative
materiality 0.70
Harvard Bioscience Q4 revenue $24.6M, FY 2024 net loss widens to $12.4M
HARVARD BIOSCIENCE INC
- Q4 2024 revenue $24.6M, down 12.8% from $28.2M in Q4 2023.
- Full-year 2024 revenue $94.1M vs $112.3M; net loss $(12.4)M vs $(3.4)M.
- Adjusted EBITDA fell to $7.2M from $14.6M; operating cash flow dropped to $1.4M from $14.0M.
- CEO cites challenging market; highlights SoHo telemetry and MeshMEA organoid systems as growth drivers.
- Q4 net income was $18K vs loss of $(1.8)M in Q4 2023 (slight improvement in quarter).