SNES Earnings Prediction
The chart below shows how SNES performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SNES sees a +2.80% change in stock price 10 days leading up to the earnings, and a -6.83% change 10 days following the report. On the earnings day itself, the stock moves by +2.61%. This data can give you a slight idea of what to expect for the next quarter's release.
SNES Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
482.00K
33.89%
5.01%
Gross Margin
65.35%
33.67%
20.46%
Operating Margin
-320.95%
-40.78%
-8.04%
Net Margin
-313.90%
-41.96%
-9.04%
EPS
-2.07
-62.97%
-93.28%
No Data Available
SNES Earnings Analysis
SenesTech, Inc. Common Stock Corporation (SNES.O) Earnings Conference Call
Positive
Gross Margin Improvement: During Q3, gross margins were 65% compared to 49% in last Q3, and up from 54% in Q2.
Reduced Operating Expenses: Operating expenses were down 12% year over year due to continued revenue growth and improved efficiency in selling processes.
Record Quarterly EBITDA Growth: The net result was our best quarterly adjusted EBITDA performance in company history, a 21% improvement from the year-ago third quarter.
Revenue Increase Analysis: Revenue for the first nine months of 2024 was $1.4 million compared to $898,000 for the same period in 2023, driven by the success of the Evolve Rat and Evolve Mouse product lines.
Product Revenue Breakdown: Evolve Rat represented 52% of Q3 2024 revenue, and Evolve Mouse, launched in May, represented 17% of Q3 revenue.
Negative
Revenue Increase Analysis: Revenues for the first nine months of 2024 were $1.4 million compared to $898,000 for the same period in 2023, indicating a significant increase but still reflecting a low base.
Record Gross Profit Margin: The gross profit margin in this quarter was a new record at 65%, up from 49% for the same period last year, suggesting improved efficiency but also highlighting previous inefficiencies.
EBITDA Performance Challenges: The adjusted EBITDA for the first nine months of the year is just about $500,000 a month, indicating a struggle to achieve profitability despite revenue growth.
Financial Sustainability Concerns: The company reported a net loss in its history, which raises concerns about its financial sustainability moving forward.
Retail Segment Performance: The brick-and-mortar retail segment accounted for only about 2% of total sales, indicating a lack of traction in this area compared to other channels.
SNES FAQs
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SNES Earning Call Sentiment
SenesTech, Inc. (SNES) Q3 2024 Earnings Call Transcript
SNES.O
-2.41%Positive
The earnings call summary highlights strong financial performance with revenue growth, improved gross margins, and reduced operating expenses. The introduction of new products and expansion into new markets, including international, are positive indicators. The strategic initiatives, like securing a larger facility and regulatory approvals, show growth potential. While there are risks related to regulatory approvals and supply chain challenges, the overall sentiment is positive. The Q&A section did not highlight any major concerns, reinforcing the positive outlook. The company's market cap is not available, but the overall sentiment suggests a positive stock price movement (2% to 8%).