Zomedica Announces Third Quarter 2024 Financial Results: Revenue Up 10% to $7 Million; 72% Gross Margin, and $78 Million in Liquidity to Support Growth
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Zomedica Corp. reported a 10% increase in revenue to $7 million for Q3 2024, with a 72% gross margin and $78 million in liquidity, indicating strong financial health and growth potential.
November 07, 2024 | 9:45 pm
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Zomedica Corp. reported a 10% increase in revenue to $7 million for Q3 2024, with a 72% gross margin and $78 million in liquidity, indicating strong financial health and growth potential.
The 10% increase in revenue and high gross margin of 72% reflect strong operational performance. The $78 million in liquidity supports future growth, making the stock likely to see a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100