Harvard Bioscience Announces First Quarter 2024 Financial Results
Harvard Bioscience, Inc. (HBIO)
Last harvard bioscience, inc. earnings: 2/26 07:15 am
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Source: GlobeNewswire
HOLLISTON, Mass., May 07, 2024 (GLOBE NEWSWIRE) -- Harvard Bioscience, Inc. (Nasdaq: HBIO) (the “Company”) today announced financial results for the first quarter ended March 31, 2024. Jim Green, Chairman and CEO, said, “As expected, our first quarter revenues reflect ongoing market headwinds, especially in APAC, amplified by a strong prior year comparison. Despite these headwinds, we were pleased to deliver gross margins of 60%. After quarter end, we announced a cost reduction initiative to improve our operating cost structure and support our ongoing investments in growth.” Green continued, “Looking ahead, we are excited by our growth strategy and new product commercializations. Together with the new round of Chinese stimulus targeting a range of products including academic research and healthcare products, we continue to expect solid growth in the second half.” Financial Results SummaryThree Months Ended March 31,(unaudited, $ in millions except per share data) 2024 2023
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News
- Harvard Bioscience, Inc. to Present at the Jefferies Global Healthcare Conference on June 5, 2024 [Yahoo! Finance]Yahoo! Finance
- Harvard Bioscience, Inc. to Present at the Jefferies Global Healthcare Conference on June 5, 2024GlobeNewswire
- Harvard Bioscience, Inc. to Participate in the Benchmark Healthcare House Call Virtual Conference [Yahoo! Finance]Yahoo! Finance
- Harvard Bioscience, Inc. to Participate in the Benchmark Healthcare House Call Virtual ConferenceGlobeNewswire
- Harvard Bioscience, Inc. (NASDAQ: HBIO) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
HBIO
Earnings
- 5/7/24 - Beat
HBIO
Sec Filings
- 5/29/24 - Form SD
- 5/23/24 - Form 4
- 5/23/24 - Form 4
- HBIO's page on the SEC website