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Stock impact report

Champions Oncology Reports Quarterly Revenue of $12.0 Million [Yahoo! Finance]

Champions Oncology, Inc. (CSBR) 
NASDAQ:AMEX Investor Relations: championsoncology.com/investors
Company Research Source: Yahoo! Finance
that offers end-to-end oncology solutions, today announced its financial results for its third quarter of fiscal 2024, ended January 31, 2024. Third Quarter and Recent Highlights: Third quarter revenue of $12.0 million, a decline of 6% Gross margin declined to 35% College of American Pathologists (CAP) has awarded accreditation to US-based laboratory Ronnie Morris, CEO of Champions, commented, "As discussed over the course of the year, we're navigating through a challenging economic environment, specifically in the biotech sector, that began approximately one year ago. However, we still remain confident that the tide is turning and we will emerge stronger over the coming quarters." Morris added, "We remain actively engaged with investors in an effort to raise capital for our wholly owned subsidiary, Corellia, AI. Conjunctively, our two lead targets continue to progress with the potential of a licensing deal in the coming quarters." David Miller, CFO of Champions, added, "I Show less Read more
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