MLSS Overview

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RLX Technology Inc Performance: RLX Technology's shares rose 6% to $2.47 in pre-market trading after reporting third-quarter earnings of 3 cents per share and $158.6 million in sales.

Notable Gainers: Cidara Therapeutics surged 92% to $203.50 following a significant ownership disclosure, while other companies like Binah Capital Group and Expion360 also saw substantial pre-market gains.

Significant Losers: TSS Inc experienced a 40.2% drop to $9.10 after reporting a year-over-year decline in financial results, with enVVeno Medical Corp and Nuvve Holding Corp also facing significant losses.

Market Overview: The pre-market trading session showed a mix of gains and losses among various stocks, reflecting varied financial performances and investor reactions to earnings reports.

Stock Surge: Milestone Scientific Inc. (MLSS) shares rose 35.67% in after-hours trading to $0.52 following the release of its third-quarter results, which showed reduced costs and improved losses.

Cost Reduction and Losses: The company cut operating expenses by over $500,000, resulting in a 23% decrease in operating loss to approximately $1.1 million, while net loss narrowed to $1.2 million.

Mixed Revenue Performance: Third-quarter revenue slightly declined to $2.4 million, impacted by lower domestic dental sales, but overall revenue for the first nine months increased by 5% to $6.9 million due to growth in international markets.

Reimbursement Strategy: CEO Eric Hines highlighted progress in the company's reimbursement strategy, aiming to enhance adoption of its medical segment through improved Medicare payment rates and expanded commercial coverage.

Milestone Scientific Inc. Earnings: Milestone Scientific's shares rose 36.10% after reporting a third-quarter net loss of $1.2 million, with revenue slightly down to $2.4 million due to weaker domestic dental sales but stronger international demand.

Applied Therapeutics Inc. Update: Applied Therapeutics saw a 14.78% increase in shares after narrowing its Q3 net loss to $19 million and announcing a meeting with the FDA to discuss the regulatory path for govorestat in Classic Galactosemia.

Omeros Corp. Financial Results: Omeros Corp. shares gained 20.54% following a Q3 net loss of $30.9 million, with an update on its Biologics License Application for narsoplimab and an extended FDA action date to December 2025.

The Oncology Institute Inc. Performance: The Oncology Institute's shares rose 19.48% after reporting a 36.7% increase in Q3 revenue to $136.6 million, while also raising its full-year revenue guidance to between $495 million and $505 million.