Milestone Scientific Achieves 12% Increase in Revenue and 39% Increase in Gross Profit for the Year Ended 2023 [Yahoo! Finance]
Milestone Scientific, Inc. (MLSS)
NASDAQ:AMEX Investor Relations:
ir.milestonescientific.com
Company Research
Source: Yahoo! Finance
ROSELAND, N.J., April 01, 2024 (GLOBE NEWSWIRE) -- Milestone Scientific Inc. (NYSE: MLSS) , a leading developer of computerized drug delivery instruments that provide painless and precise injections, today provides a business update and announces financial results for the year ending December 31, 2023. Arjan Haverhals, CEO and President of Milestone Scientific, stated, “We achieved solid financial results in 2023, with revenue increasing 11.6% and gross profit increasing 39%. We attribute this performance to the success of our new online sales portal for the STA Single Tooth Anesthesia System® (STA) in the U.S., which has enhanced our margins, while providing us a closer relationship with our dental customers. While this was a transitional year, having terminated our prior exclusive distributor at the end of 2022, we are confident the new strategy is working and anticipate continued growth through our direct sales model. Importantly, this approach has proven effective within both i
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MLSS
News
- Milestone Scientific Inc. (NYSE: MLSS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Milestone Scientific Inc. (NYSE: MLSS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Milestone Scientific Inc. (NYSE: MLSS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Milestone Scientific Commences Sales of CompuFlo® Epidural Disposables within PRC Alliance Pain Relief Center in Ormond Beach, Florida [Yahoo! Finance]Yahoo! Finance
- Milestone Scientific Commences Sales of CompuFlo® Epidural Disposables within PRC Alliance Pain Relief Center in Ormond Beach, FloridaGlobeNewswire
MLSS
Sec Filings
- 4/23/24 - Form 4
- 4/22/24 - Form 4
- 4/9/24 - Form 8-K
- MLSS's page on the SEC website