earnings
confidence high
sentiment negative
materiality 0.50
PURE Bioscience Q1 FY2023 net product sales $467K, net loss widens to $993K
PURE BIOSCIENCE, INC.
2024-Q1 EPS reported
-$0.01
revenue$467,000
- Net product sales $467K, down 6% from $497K YoY; net loss $993K vs. $796K.
- Net loss per share ($0.01) unchanged; adjusted loss excl. share-based comp $909K vs. $606K.
- Adopted by multiple potato processors; eight snack food/bakery facilities; dairy adds six locations with Hydrite.
- Hired two regional managers (Midwest, West Coast) to boost street sales.