financetom
Business
financetom
/
Business
/
Spectral Medical Posts $4.4 Million Loss in Second Quarter
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Spectral Medical Posts $4.4 Million Loss in Second Quarter
Aug 9, 2024 7:38 AM

10:00 AM EDT, 08/09/2024 (MT Newswires) -- Spectral Medical ( EDTXF ) , which is advancing therapeutic options for sepsis and septic shock, announced on Friday a higher second-quarter loss due to increased operating expenses.

For the three-months ended June 30, Spectral posted a $4.4 million loss, or $0.02 per share, compared to $4.2 million, or $0.02 per share, in the same quarter last year.

Revenue on the quarter rose 54% to $471,000 from $306,000.

Price: 0.62, Change: +0.02, Percent Change: +3.33

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exxon Mobil to Offer $172 Million of Floating Rate Notes
Exxon Mobil to Offer $172 Million of Floating Rate Notes
Oct 11, 2024
12:19 PM EDT, 10/08/2024 (MT Newswires) -- Exxon Mobil ( XOM ) said in a regulatory filing Tuesday it plans to offer about $172 million of floating rate notes due 2074 in an underwritten offering. The notes will have quarterly interest payments starting January 2025, with a maturity date of October 15, 2074, the company said in a separate filing....
Mexico's Walmex expects final ruling from antitrust watchdog soon
Mexico's Walmex expects final ruling from antitrust watchdog soon
Oct 11, 2024
MEXICO CITY, Oct 8 (Reuters) - Mexico's Walmex , the local unit of retailer Walmart ( WMT ), expects antitrust watchdog Cofece to soon announce its final ruling stemming from a probe into alleged anti-competitive practices, a senior executive said on Tuesday. It will probably happen in just a few days or weeks, Javier Trevino, a Walmex senior vice president,...
United States Brent Oil Fund Shares Are Trading Lower Today: What You Need To Know
United States Brent Oil Fund Shares Are Trading Lower Today: What You Need To Know
Oct 11, 2024
The United States Brent Oil Fund Inc. is down Tuesday, reflecting a broader decrease in oil prices. This decline follows a recent rise in oil prices driven by Middle East tensions. Traders are also reassessing the demand outlook as uncertainty over China’s economic stimulus adds to the mix. What To Know: Recent increases in oil prices were linked to concerns...
Rimini Street to Provide Support, Monitoring Services for Mercury NZ's SAP Systems
Rimini Street to Provide Support, Monitoring Services for Mercury NZ's SAP Systems
Oct 11, 2024
12:22 PM EDT, 10/08/2024 (MT Newswires) -- Rimini Street ( RMNI ) said Tuesday that it has been selected to provide support and monitoring services for Mercury NZ's SAP systems. Rimini said the New Zealand-based energy company will use Rimini Support and Rimini Watch for SAP to achieve cost efficiencies and retain stability of its core IT systems after its...
Copyright 2023-2026 - www.financetom.com All Rights Reserved