earnings
confidence high
sentiment negative
materiality 0.75
PURE Bioscience Q3 sales down 11% to $497K; nine-month sales fall 50%; net loss widens
PURE BIOSCIENCE, INC.
- Q3 net product sales $497K (-11% YoY); net loss $760K ($0.01 per share).
- Nine-month sales $1.4M (-50% YoY); net loss $2.26M vs $1.59M prior year.
- Exclusive distribution deal with Hydrite for dairy/plant-based beverage industries.
- Hired VP Sales John Kasperski (ex-Ecolab) and EVP Science Dr. Zhinong Yan (ex-Walmart Food Safety).
- PURE Hard Surface disinfectant now shipping to Office Depot and through NIB/GSA.