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Thursday, March 7, 2024

Harvard Bioscience 4th Quarter 2023 Financial Results

 

  • Q4Revenuesof$28.2 million
  • Q4GrossMarginof58.0% (230 bps year-over-year improvement)
  • Q4operatingincome of$0.3 million,adjustedoperatingincome of $3.3 million
  • Strongoperatingcashflowenabled 2023 debtreduction of$10.5 million and a significant decrease in net leverage

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