Overview
Lifeloc Q3 2025 revenue increased 8% year-over-year to $2.257 mln
Company reported a net loss of $263,000 for Q3 2025
Gross margin decreased to 40.2% in Q3 due to cost inflation and tariffs
Outlook
Lifeloc expects to launch SpinDetect™ in 2026
Company sees rapid oral-fluid drug testing as key growth opportunity
Lifeloc's acquisition of ELST aims to strengthen market reach
Result Drivers
R&D COSTS - High research and development expenses for SpinDetect™ drug analyzer commercialization contributed to net loss
COST INFLATION AND TARIFFS - Gross margin decline attributed to general cost inflation and tariffs, company plans pricing adjustments
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$2.26 mln
Q3 EPS
-$0.10
Q3 Net Income
-$263,000
Q3 Gross Margin
40.20%
Press Release: ID:nACSQTphMa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)