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SenesTech Inc (SNES)
NASDAQ:SNES
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Earnings Data
Report Date
Mar 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-1.5Last Year’s EPS
183.7Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 12, 2018
|% Change Since: 4.87%
|Next Earnings Date:Aug 13, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted significant achievements in revenue growth, improved gross margins, and successful product introductions. However, there were challenges in international sales and regulatory approvals that could impact future growth. Overall, the positive highlights significantly outweigh the lowlights.Company Guidance
In the third-quarter earnings call for SenesTech, executives reported record quarterly revenue, highlighting the significant impact of their Evolve product line. Evolve Rat, launched less than a year ago, now accounts for 52% of the company's business, while the newly introduced Evolve Mouse represents 17% of Q3 revenue. Gross margins improved to 65%, up from 49% a year prior, reflecting enhanced operational efficiency. The company also reported a 21% improvement in adjusted EBITDA year-over-year, marking their best performance to date. E-commerce sales accounted for 35% of revenue, with a notable presence on platforms such as Amazon and Walmart.com. International expansion also showed promise, with significant orders from The Netherlands and registration progress in markets like Hong Kong. The executives expressed optimism about future growth, driven by product innovation, strategic retail partnerships, and municipal programs, including a potential rat contraception pilot in New York City.Record Quarterly Revenue
Achieved record quarterly revenue with Evolve accounting for 52% of the business. E-commerce sales grew by approximately 20% in Q3 2024 compared to Q3 2023.
Improved Gross Margins
Gross margins increased to 65% in Q3 2024 from 49% in Q3 2023, showcasing efficient operational execution.
Introduction of New Products
Evolve Mouse product was introduced and accounted for 17% of Q3 revenue, effectively doubling the addressable market opportunity.
Expansion into New Markets
Launched products on Walmart.com and in final testing with TractorSupply.com. Also received multi-pallet order from The Netherlands, largest in company history.
Effective Operational Management
Operating expenses decreased by 12% year-over-year, contributing to best quarterly adjusted EBITDA performance in company history.
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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
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SNES Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $2.67 | $2.48 | -7.12% |
| Aug 08, 2024 | $4.00 | $4.00 | 0.00% |
| May 09, 2024 | $9.19 | $6.78 | -26.22% |
| Feb 21, 2024 | $11.50 | $9.22 | -19.83% |
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.
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FAQ
When does SenesTech Inc (SNES) report earnings?
SenesTech Inc (SNES) is schdueled to report earning on Mar 26, 2025, TBA Not Confirmed.
What is SenesTech Inc (SNES) earnings time?
SenesTech Inc (SNES) earnings time is at Mar 26, 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?
SNES EPS forecast for the fiscal quarter 2024 (Q4) is -1.5.
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