earnings
confidence high
sentiment negative
materiality 0.80
Solésence Q3 revenue falls 14% YoY to $14.5M; net loss $1.1M vs prior-year profit
SOLESENCE, INC.
2025-Q3 EPS reported
$0.02
revenue$49,581,000
- Revenue $14.5M vs $16.9M in Q3 2024; net loss $1.1M vs net income $3.0M.
- Gross margin dropped to 23% from 36%; gross profit $3.4M vs $6.1M.
- Promoted Kevin Cureton to CEO, appointed Laura Riffner as CFO, and Yoana Dvorzsak as VP Innovation & Product Integrity.
- Consolidated manufacturing from three to two facilities; increased production automation.