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LumiraDx Limited

LMDX•NASDAQ
Healthcare
Medical - Diagnostics & Research
$0.02
$0.00(0.00%)
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The company's financials show resilient growth, with revenue advancing from $42.22M in Q3 2022 to $21.004M in Q2 2023. Gross profit remained healthy with margins at -47% in Q2 2023 compared to 20% in Q3 2022. Operating income hit -$48.43M last quarter, sustaining a consistent -231% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$43.48M. Net income dropped to -$49.74M, while earnings per share reached -$0.16. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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