Brief: Prenetics Announces Fourth Quarter, Full Year 2022 Financial Results

Prenetics Global

14/03/2023 12:57

March 14 (Reuters) - Prenetics Global Ltd  PRE.O :
    * PRENETICS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022
FINANCIAL
RESULTS
    * PRENETICS GLOBAL LTD Q4 REVENUE FELL 19.2 PERCENT TO $52.3
MILLION
    * PRENETICS GLOBAL LTD - QTRLY DILUTED EPS $0.01
    * PRENETICS-UNDERGOING REBALANCING OF RESOURCES TO IMPROVE
EFFICIENCY, REDUCE COSTS IN LESS STRATEGIC AREAS, DEPLOY
RESOURCES TO AREAS OF HIGH PRIORITY
    * PRENETICS GLOBAL LTD - EXECUTING A GLOBAL WORKFORCE
REDUCTION OF
ABOUT 60% SINCE DECEMBER 2022
    * PRENETICS GLOBAL - GLOBAL WORKFORCE REDUCTION SINCE DEC
2022,
RESULTING IN ANNUAL HEADCOUNT REDUCTION COSTS OF ABOUT US$10
MILLION

Source text for Eikon:  ID:nGNX5zJrXr 
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