ImmuCell Reports Preliminary, Unaudited Sales Results For Q1 2024 Of $7.3M, Up 111% Y/Y
Portfolio Pulse from Benzinga Newsdesk
ImmuCell, identified by the symbol ICCC, reported preliminary, unaudited sales results for Q1 2024, showing a significant increase of 111% year-over-year to $7.3M. Additionally, the company's total sales for the twelve-month period ending March 31, 2024, increased by 33% compared to the same period the previous year.
April 09, 2024 | 8:09 pm
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ImmuCell's Q1 2024 sales surged 111% Y/Y to $7.3M, with a 33% increase in 12-month sales, indicating strong revenue growth.
The significant year-over-year sales growth reported by ImmuCell for Q1 2024, along with the increase in total sales over the past twelve months, suggests a strong performance and positive momentum for the company. This is likely to be viewed positively by investors, potentially leading to an increase in the stock price in the short term.
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