NEXGEL (NXGL) Reports Prelim Q2 Results, Raises Guidance
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NEXGEL Announces Preliminary Record Second Quarter 2024 Revenue of $1.4 Million and Issues Revenue Guidance for Third and Fourth Quarter of 2024 of $2.2 Million and $2.6 Million, Respectively
July 8, 2024 4:05 PM EDTLANGHORNE, Pa., July 08, 2024 (GLOBE NEWSWIRE) -- NEXGEL, Inc. (NEXGEL or the Company) (NASDAQ: NXGL), a leading provider of medical and over-the-counter (OTC) products including ultra-gentle, high-water-content hydrogels for healthcare and consumer applications, today announced preliminary, unaudited revenue for the second quarter of 2024 and has provided revenue guidance for the third and fourth quarter of 2024.
Based on preliminary and unaudited review, the Company anticipates:
Second Quarter 2024 Revenue: $1.4 million, an increase of approximately 20% year-over-year and 10% sequentiallyThird Quarter 2024 Revenue:... More