Theralase Technologies (TSE:TLT) has released an update.
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Theralase Technologies Inc. has reported a 15% drop in total revenue for the first quarter of 2024 compared to the same period last year, with a notable 33% decrease in gross margin. Despite reduced revenues, the company has managed to lower its net loss by 10%, reflecting a decrease in operating expenses across various departments. A conference call is scheduled for June 6th to discuss these financial and operational results in detail.
For further insights into TSE:TLT stock, check out TipRanks’ Stock Analysis page.