Sonoma Pharmaceuticals announces Q2 earnings per share of 32 cents, compared to a loss of 59 cents in the same period last year.
Q2 Revenue Growth: Sonoma Pharmaceuticals reported a record Q2 revenue of $5.6 million, up from $3.6 million the previous year.
CEO's Statement: CEO Amy Trombly highlighted the achievement as a result of the team's efforts in expanding distribution, launching new products, and securing regulatory approvals.
Future Expectations: The company anticipates quarterly fluctuations but expects a positive growth trajectory with increasing adoption of its products.
Industry Position: Sonoma aims to solidify its status as the global leader in the HOCl industry.
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5 Healthcare Stocks Soaring This Week
Top Performing Healthcare Stocks: Five healthcare stocks, including Sonoma Pharmaceuticals, Evoke Pharma, KALA Bio, Ginkgo Bioworks, and Soligenix, have shown significant week-on-week momentum gains, indicating potential breakout opportunities in the sector.
Sonoma Pharmaceuticals Highlights: Leading the pack, Sonoma Pharmaceuticals experienced a remarkable 66.73-point momentum score increase, driven by its focus on antimicrobial and dermatology products, with a 44.60% surge over the last month.
Evoke Pharma and KALA Bio Performance: Evoke Pharma's momentum score rose significantly due to its gastrointestinal treatment product, while KALA Bio saw a strong increase linked to therapies for rare ocular diseases, both showing impressive price trends.
Market Context and Momentum Ranking: The Benzinga Edge Rankings report highlights that these stocks' dramatic momentum gains reflect strong price performance and volatility, despite broader market declines in major ETFs like SPY and QQQ.

Stocks Moving Premarket: PMNT, KULR, ENLV, ORGN, And Other Gainers & Losers
Premarket Trading Activity: Notable premarket trading activity is observed, indicating potential opportunities for traders to identify breakouts or reversals before the market opens.
Stock Movements: Several stocks are showing significant percentage increases while others are experiencing notable declines in Friday's premarket session.






