earnings
confidence high
sentiment positive
materiality 0.60
ImmuCell reports record Q1 2024 sales of $7.3M, up 111% YoY
IMMUCELL CORP /DE/
2024-Q1 EPS reported
-$0.06
revenue$7,257,577
- Total sales for Q1 2024: $7.3M, 111% increase from $3.4M in Q1 2023.
- Trailing twelve-month sales ended Mar 31, 2024: $21.3M, up 33% from $16.0M.
- Backlog of orders $9.1M at Mar 31, 2024, down from $9.4M Dec 2023 but up from $2.5M Dec 2022.
- Company expects FDA response on Re-Tain CMC Technical Section by May 2024.