Rockwell Medical Achieves Profitability on an Adjusted EBITDA Basis in the Fourth Quarter 2023 and Record Net Sales, Gross Profit and Gross Margin for the Full-Year 2023
Rockwell Medical, Inc. (RMTI)
Last rockwell medical, inc. earnings: 3/12 04:05 pm
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US:NASDAQ Investor Relations:
ir.rockwellmed.com
Company Research
Source: Business Wire
Reports record net sales for second year in a row, generating $83.6 million in 2023, an increase of 15% over 2022. Net sales for the fourth quarter of 2023 were $22.1 million, an increase of 14% over the same period in 2022.Reports record net product sales for second year in a row, generating $79.8 million in 2023, an increase of 15% over 2022. Net product sales for the fourth quarter of 2023 were $22.1 million, an increase of 22% over the same period in 2022.Reports record gross profit for the second year in a row, generating $8.7 million in 2023, an increase of 114% over 2022.Achieves profitability on an adjusted EBITDA basis in the fourth quarter of 2023, the first time in the Company's history.Issues 2024 guidance, projecting net product sales to be between $84 million and $88 million, gross margin to be between 14% and 16%, and for the Company to be profitable on an adjusted EBITDA basis for the full-year 2024. WIXOM, Mich.--(BUSINESS WIRE)--Rockwell Medical, Inc. (the "Compan
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RMTI
News
- Rockwell Medical Continues to Expand its Distribution Capabilities in Western United States [Yahoo! Finance]Yahoo! Finance
- Rockwell Medical Continues to Expand its Distribution Capabilities in Western United StatesBusiness Wire
- Rockwell Medical to Release First Quarter 2024 Results on Tuesday, May 14, 2024Business Wire
- Rockwell Medical gains as global reach widens [Seeking Alpha]Seeking Alpha
- Rockwell Medical Expands Global Distribution in the Dominican Republic and Bermuda [Yahoo! Finance]Yahoo! Finance
RMTI
Earnings
- 3/21/24 - Beat
RMTI
Sec Filings
- 4/15/24 - Form ARS
- 4/15/24 - Form DEF
- 3/21/24 - Form 10-K
- RMTI's page on the SEC website