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Harvard Bioscience reports Q1 loss, revenue down 9%, but forecasts modest growth for Q1 2025.
Harvard Bioscience reported Q1 earnings per share of $0.04, missing estimates by $0.03.
The company experienced a 9% revenue decline to $94.1 million in 2024, citing a difficult global market and reduced spending.
Despite a net loss of $12.4 million, the company expects Q1 2025 revenues between $19 million to $21 million, highlighting strong reception of new products and a focus on cost management.
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Harvard Bioscience reporta pérdida del primer trimestre, los ingresos bajaron un 9%, pero pronostica un crecimiento modesto para el primer trimestre de 2025.