ThermoGenesis Holdings (THMO) Reports Q1 Revenues Miss

Go back to ThermoGenesis Holdings (THMO) Reports Q1 Revenues Miss

ThermoGenesis Holdings Announces Financial Results for First Quarter Ended March 31, 2020 and Provides Corporate Update

May 14, 2020 4:05 PM EDT

RANCHO CORDOVA, Calif., May 14, 2020 /PRNewswire/ -- ThermoGenesis Holdings, Inc. (Nasdaq: THMO), a market leader in automated cell processing tools and services in the cell and gene therapy field, today announced financial and operating results for the first quarter ended March 31, 2020 and provided a corporate strategic update.

First Quarter and Subsequent Achievements:

Net revenues for the first quarter of 2020 increased to $3.2 million, up 8% compared to the same period in 2019.  Gross profit for the first quarter was $1.5 million, an increase of 19% compared to the same... More