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Thursday, August 8, 2024

Rockwell Medical Profitable on Cash Flow Adj,usted EBITDA, Ups Guidance

 

  • Reports net sales of $25.8 million for the second quarter of 2024, an increase of 43% over the same period in 2023.
  • Reports gross profit of $4.6 million for the second quarter of 2024, an increase of 341% over the same period in 2023.
  • Achieves gross margin of 18% for the second quarter of 2024 compared to a gross margin of 6% for the same period in 2023.
  • Generates $1.4 million in cash flow from operations for the second quarter of 2024.
  • Expects net sales for 2024 to range between $95 million and $98 million, raising guidance for the second time this year.

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