Evogene Reports First Quarter 2024 Financial Results
EVGNEvogene(EVGN) prnewswire.com·2024-05-23 19:00

Conference call and webcast: today, May 23, 2024, 9:00 am ET Financial and Business Highlights: Q1 2024 revenue: 4.2Mvs.4.2M vs. 0.6M in Q1 2023; anticipating continued growth in 2024. Q1 2024 net loss: 3.8Mvs.3.8M vs. 7.0M in Q1 2023. Projected 2024 cash usage, excluding Lavie Bio and Biomica: 8.0M,down368.0M, down 36% from 12.5M in 2023. Ceasing Canonic's operations results in annualized savings of approximately $1.5 million. Casterra's new agreements with African and Brazilian castor seed growers secure 900 tons of castor ...