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Thorne HealthTech, Inc.

THRN•NASDAQ
Consumer Defensive
Packaged Foods
$10.19
$-0.01(-0.10%)
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Over the last four quarters, Thorne HealthTech, Inc. achieved steady financial progress, growing revenue from $58.42M in Q3 2022 to $72.71M in Q2 2023. Gross profit stayed firm with margins at 56% in Q2 2023 versus 48% in Q3 2022. Operating income totaled $6.62M in Q2 2023, maintaining a 9% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $8.55M. Net income rose to $4.45M, with EPS at $0.08. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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