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Prenetics Global Q3 Loss Narrows On Surge In Revenue

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Prenetics Global Ltd. (PRE) Wednesday announced a narrower loss for the third quarter as revenues surged 59.4 percent from the prior year.

Quarterly loss for the health sciences company was $12.06 million, narrower than $14.08 million a year ago.

On a per share basis, loss was $0.84, compared to $0.88 last year.

Revenue for the quarter increased to $7.78 million from $4.88 million in the prior year

Further, Prenetics reiterated its revenue target to exceed $33 million for the full year 2024.

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