Solesence Q2 revenue rises 56%

Solesence

31/07/2025 21:15

Overview

Solesence Q2 revenue rises 56% yr/yr to $20.4 mln

Net income for Q2 increases to $2.7 mln, aided by Employee Retention Credit

Company expands debt facilities to support long-term growth initiatives

Result Drivers

SHIPMENT VOLUME - Shipment volume increased 102% year-over-year, contributing to revenue growth

PRODUCTION VOLUME - Production volume rose 127% year-over-year, supporting higher revenue

DEBT FACILITIES - Expanded debt facilities to enhance financial flexibility for growth investments

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income
$2.67 mln
Q2 Adjusted EBITDA
$3.49 mln
Q2 Basic EPS
$0.04
Q2 Gross Profit
$5.88 mln
Q2 Income From Operations
$1.91 mln
Q2 Pretax Profit
$3.06 mln


Press Release: ID:nGNX3YxNhc

(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.)