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SenesTech Inc (SNES)
NASDAQ:SNES
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Moderate Buy
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 16.00%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Positive
The company showed strong growth in its Evolve product line and significant progress in municipal and international markets, with improved gross margins and operational efficiencies. However, challenges remain in brick and mortar retail expansion and international sales recognition.Company Guidance
During the SenesTech First Quarter Fiscal Year 2025 Financial Results Conference Call, the company reported significant progress with its Evolve product line, which now accounts for 79% of first-quarter sales and has driven a 40% increase in revenue compared to the same period last year. Evolve's success has led to gross margins rising to a record 65%, up from 33% the previous year, contributing to a 132% increase in gross profit dollars. The company has expanded its presence through ecommerce, municipal deployments, and international markets, with ecommerce sales up 107% year-over-year, now making up 61% of their total sales. Municipal sales have seen a sevenfold increase, with deployments in major U.S. cities like Chicago and New York. The company has also signed distribution agreements in 12 countries and territories, with shipments planned for markets including Australia and New Zealand. Operational optimizations have reduced the cash flow breakeven threshold to $1.5 million in quarterly revenue, down from $12 million annually. Despite challenges in brick-and-mortar retail, SenesTech's focus on high-margin Evolve products and cost-reduction initiatives positions it for future growth and profitability.Evolve Product Line Expansion
Evolve revenue grew 40% compared to the previous year, with gross margins increasing to nearly 65%, up from 33%, resulting in a 132% increase in gross profit.
Municipal and Ecommerce Growth
Significant deployments in major U.S. cities like Chicago and New York. Ecommerce sales increased by 107% over the last year.
International Market Expansion
Agreements signed for distribution in 12 countries, with commercial shipments occurring in Hong Kong, UAE, Maldives, and Netherlands.
Operational Efficiency Improvements
Implemented initiatives to reduce expenses by $2 million annually, lowering the revenue threshold for cash flow breakeven to $1.5 million quarterly.
Record Gross Profit
Gross profit for the first quarter was the highest in the company's history due to the launch of Evolve.
SNES Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SNES Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $2.50 | $2.71 | +8.40% |
Mar 12, 2025 | $2.30 | $2.40 | +4.35% |
Nov 12, 2024 | $2.67 | $2.48 | -7.12% |
Aug 08, 2024 | $4.00 | $4.00 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does SenesTech Inc (SNES) report earnings?
SenesTech Inc (SNES) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is SenesTech Inc (SNES) earnings time?
SenesTech Inc (SNES) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SNES EPS forecast?
Currently, no data Available