Trinity Biotech (TRIB) has released an update.
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Trinity Biotech reported a 3% increase in Q3 2024 revenue to $15.2 million, driven by strong demand for its TrinScreen HIV business. The company also highlighted significant growth in its Point-of-Care product revenue, which surged by 60% year-over-year. Furthermore, Trinity Biotech is progressing with strategic initiatives aimed at enhancing profitability, including consolidating manufacturing operations and expanding into the oncology diagnostics market.
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