Enzo Biochem ( (ENZB) ) has released its Q3 earnings. Here is a breakdown of the information Enzo Biochem presented to its investors.
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Enzo Biochem, Inc. is a life sciences company specializing in labeling and detection technologies for DNA to whole cell analysis, offering a wide range of products including antibodies, genomic probes, and biochemicals. The company recently released its earnings report for the quarter ending April 30, 2025, highlighting a decrease in revenue and an ongoing net loss. Key financial metrics indicate a revenue decline to $6.4 million from $8 million in the previous year, with an operating loss of $3.4 million. The company’s net loss for the quarter was $2.8 million, showing a slight improvement from the $3 million loss in the same quarter last year. Despite these challenges, Enzo Biochem continues to focus on its core life sciences division after exiting the clinical services business. Looking ahead, the management remains committed to leveraging its proprietary technologies and expanding its product portfolio to drive future growth.