Brief: Dermtech Announces Additional Restructuring Actions To Focus On Revenue Growth, Streamline Operations

DermTech

31/01/2024 22:55

Jan 31 (Reuters) - DermTech Inc  DMTKW.PK :
    * DERMTECH ANNOUNCES ADDITIONAL RESTRUCTURING ACTIONS TO
FOCUS ON
REVENUE GROWTH AND STREAMLINE OPERATIONS
    * DERMTECH INC: APPROXIMATELY $40 MILLION IN TOTAL OPERATING
EXPENSE REDUCTIONS COMPARED TO FISCAL 2022 RESULTING FROM ALL
RESTRUCTURING ACTIONS
    * DERMTECH INC - ANTICIPATES A ONE-TIME RESTRUCTURING CHARGE
OF
APPROXIMATELY $1.3 MILLION IN Q1 OF 2024
    * DERMTECH INC:  RESTRUCTURING ACTIONS WILL RESULT IN A
WORKFORCE
REDUCTION OF ABOUT 30 EMPLOYEES, OR ABOUT 15% OF WORKFORCE

Source text for Eikon:  ID:nBw1369t8a 
Further company coverage:  DMTKW.PK 

 ((Reuters.Briefs@thomsonreuters.com;))