Evogene Reports Third Quarter 2024 Financial Results
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Evogene reported its Q3 2024 financial results, showing a decrease in quarterly revenues to $1.8 million from $3.8 million in Q3 2023, despite an increase in total revenues for the first nine months of 2024 to $6.9 million from $5.1 million in the same period of 2023.

November 21, 2024 | 12:45 pm
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Evogene's Q3 2024 financial results show a significant drop in quarterly revenues to $1.8 million from $3.8 million in Q3 2023, despite an increase in total revenues for the first nine months of 2024.
The significant decrease in quarterly revenues suggests potential challenges in Evogene's business operations or market conditions, which could negatively impact investor sentiment and short-term stock price. However, the year-to-date revenue increase may provide some long-term optimism.
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