Solesence Inc (SLSN) Q1 2025 Earnings Call Highlights: Record Revenues and Strategic Uplisting ...

By Yahoo! Finance   |   1 month ago
Solesence Inc (SLSN) Q1 2025 Earnings Call Highlights: Record Revenues and Strategic Uplisting ...

The startup costs impacted margins due to manufacturing inefficiencies. Changes are being made to prevent recurrence, with gross margins expected to be above 30% for the year. This quarter's margins are anticipated to be the lowest, with improvements expected as operational efficiencies increase.

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