NEXGEL Reports Record Third Quarter 2024 Revenue of $2.94 Million, an Increase of 141% Year-Over-Year and 104% Sequentially
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NEXGEL reported a record third quarter 2024 revenue of $2.94 million, marking a 141% year-over-year increase and a 104% sequential rise. The growth was driven by a 99% increase in branded consumer products and a 103% rise in contract manufacturing.
November 13, 2024 | 10:00 pm
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NEXGEL's record Q3 2024 revenue of $2.94 million, a 141% YoY and 104% sequential increase, highlights strong growth in branded consumer products and contract manufacturing.
The significant year-over-year and sequential revenue growth indicates strong business performance, likely boosting investor confidence and positively impacting NXGL's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100