earnings
confidence high
sentiment positive
materiality 0.75
QHSLab reports strong Q2 2024: revenue +17%, gross margin 62.2%, net loss down 97% to $2.9K
QHSLab, Inc.
2024-Q2 EPS reported
$0.00
revenue$961,660
- Q2 revenue $473,073 (+17% YoY); six-month revenue $961,660 (+27%).
- Gross margin improved to 62.2% in Q2 (from 56.0%) and 60.4% YTD (from 54.7%).
- Net operating income turned positive $29,967 in Q2 vs $(35,756) loss; six-month operating income $43,571 vs $(156,514) loss.
- Net loss reduced to $(2,890) in Q2 from $(106,727); six-month net loss $(21,415) from $(299,282).
- Cash from operations improved to $143,961 from $(37,531) outflow in first half.