earnings
confidence high
sentiment positive
materiality 0.85
ChromaDex posts record Q3: net sales $25.6M (+31% YoY), net income $1.9M
Niagen Bioscience, Inc.
2024-Q3 EPS reported
$0.02
revenue$70,472,000
- Net sales $25.6M (+31% YoY); gross margin 63.5% (+210 bps).
- Net income $1.9M ($0.02 EPS) vs net loss $1.0M ($0.01 loss) in Q3 2023.
- Record Adjusted EBITDA $2.9M, up from $0.5M YoY; operating cash $32.4M.
- Niagen ingredient sales $6.7M (+368% YoY); Tru Niagen sales $18.1M (+4% YoY).
- Expanded Niagen+ to >100 wellness clinics; pursuing FDA IND for Ataxia Telangiectasia.