TOMZ Earnings Prediction
The chart below shows how TOMZ performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TOMZ sees a -3.09% change in stock price 10 days leading up to the earnings, and a -0.35% change 10 days following the report. On the earnings day itself, the stock moves by +0.89%. This data can give you a slight idea of what to expect for the next quarter's release.
TOMZ Key Earning Data
TOMZ Earnings Analysis
Positive
Profitable Quarter Achievement: TOMI achieved another milestone, marking our second consecutive profitable quarter for the 2024 calendar year.
Revenue and Margin Improvement: This performance reflects higher revenue, improved gross margins, and carefully executed reductions in operating expense.
Positive Cash Flow Achievement: We achieved positive cash flow this quarter, driven by stronger accounts receivable turnover and tighter control of our outgoing cash through disciplined management of expenditures.
Quarterly Revenue Surge: Our revenue for the quarter was approximately $2.5 million, representing a 73% increase compared to the third quarter of the prior year.
Mobile Equipment Demand Surge: This growth was primarily driven by strong demand for our mobile equipment, which has increased by 90% in 2024 compared to 2023.
Negative
Net Profit Improvement: Consolidated net profit was $59,000 or $0 per basic and diluted share compared to a net loss of $901,000 or a loss of $0.05 per basic share.
Operating Profit Surge: Consolidated operating profit was $149,000 compared to a loss of $901,000, representing an increase of $1,050 million or 117%.
Gross Profit Margin Increase: Consolidated gross profit margin was 61.4% compared to 55% attributable to our product mix and sales and the increased demand for our mobile equipment.
Net Revenue Increase: Our consolidated net revenue was $2,542 million compared to $1,470 million, increasing approximately 73%.
Quarterly Revenue Surge: Our revenue for the quarter was approximately $2.5 million, representing a 73% increase compared to the third quarter of the prior year.
TOMZ FAQs
How does TOMZ typically perform around its earnings report dates?
TOMZ's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -3.09% change leading up to the report and a -0.35% change in the 10 days following the release.
Is TOMI Environmental Solutions, Inc. (TOMZ) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
TOMZ Earning Call Sentiment
TOMI Environmental Solutions, Inc. (TOMZ) Q3 2024 Earnings Call Transcript
TOMZ.O
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