earnings
confidence high
sentiment negative
materiality 0.50
Co-Diagnostics Q2 revenue falls to $0.2M from $2.7M; net loss $7.7M
Co-Diagnostics, Inc.
2025-Q2 EPS reported
-$0.47
revenue$213,187
- Revenue $0.2M vs $2.7M in Q2 2024; no grant revenue recognized in Q2 2025.
- Operating loss $8.1M vs $7.7M prior year; expenses down 19.1% to $8.2M.
- Net loss $7.7M ($0.23 per share) vs $7.6M ($0.25 per share) in Q2 2024.
- Cash & marketable securities $13.4M as of June 30, 2025; adjusted EBITDA loss $7.2M.
- On track to initiate clinical evaluations for Co-Dx PCR platform tests before year-end; enhanced COVID-19 test trial starting imminently.
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