NexGel preannounces record Q3 2024 revenue of $2.85M, +133% YoY, +98% QoQ

NEXGEL, INC.

2024-Q3 EPS reported -$0.39 revenue$5,647,000

Expected revenue $2.85M, up 133% YoY and 98% sequentially, beating prior $2.20M guidance by ~30%.
Branded consumer sales across all three brands led by Silly George drove growth; contract manufacturing normalized after expansion.
First SilverSeal order to Cintas expected to deliver in Q4 2024.
Full Q3 financial results to be reported on or before November 14, 2024.

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