TOMI Q1 revenue $1.1M, net loss $0.07/share; backlog $900K and DHS contract for $2M noted

TOMI Environmental Solutions, Inc.

2024-Q1 EPS reported -$0.07 revenue$1,114,087

Net revenue $1,114K, down 30% YoY from $1,582K; gross margin improved to 60.2% from 59.5%.
Net loss $1,310K ($0.07 per share) vs $1,187K ($0.06) in Q1 2023.
Sales backlog of $900K expected to convert in Q2 and Q3 2024.
DHS allocated ~$2M for 16 SteraMist Environment Systems at Plum Island Animal Disease Center.
iHP service revenue grew 21% YoY to $371K; new CES contract worth $600K signed.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

TOMI Environmental Solutions, Inc. reported first quarter ended March 31, 2024 results: revenue $1,114,000, net income ($1,310,000), EPS ($0.07) per basic and diluted share.

Period: first quarter ended March 31, 2024
Revenue: $1,114,000
Net income: ($1,310,000)
EPS: ($0.07) per basic and diluted share
Result: reported results

Exact text from the filing

results and value for our shareholders,” Dr. Shane concluded. 1 Financial Results for the three months ended March 31, 2024, compared to March 31, 2023 · Total net revenue was $1,114,000 compared to $1,582,000. · Gross margin was 60.2% compared to 59.5%. · Operating loss was ($1,226,000), compared to ($1,188,000). · Net loss was ($1,310,000) or ($0.07) per basic

View on SEC.gov

1047 earnings releases filed in the last 30 days. Browse all earnings releases →

TOMI Environmental Solutions, Inc. filing history →

Source: SEC EDGAR

accession 0001654954-24-006391

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.