NetworkNewsBreaks – Jupiter Wellness Inc. (NASDA
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Posted On: 05/15/2023 4:18:51 PM
NetworkNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Reports on Q1 2023 Financial Results
Jupiter Wellness (NASDAQ: JUPW), a wellness company focused on hair metabolism and skin therapies, has release a report on its first-quarter revenues for the period ended March 31, 2023. The company reported revenues for the quarter totaled $1,121,676, compared to $721,629 in Q1 2022. Operating expenses for the quarter came in at $1,496,537, compared to $2,978,933 for the same period in 2022, and net losses totaled $1,308,174 for the three months, compared to $2,919,775 for the same period in 2022. “I am thrilled with our team’s progress this quarter, demonstrating substantial revenue growth and a significant reduction in operating expenses,” said Jupiter Wellness CEO Brian John in the press release. “We recognize the presence of net losses, but they continue to decrease as we push toward being cash flow positive.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Jupiter Wellness (NASDAQ: JUPW), a wellness company focused on hair metabolism and skin therapies, has release a report on its first-quarter revenues for the period ended March 31, 2023. The company reported revenues for the quarter totaled $1,121,676, compared to $721,629 in Q1 2022. Operating expenses for the quarter came in at $1,496,537, compared to $2,978,933 for the same period in 2022, and net losses totaled $1,308,174 for the three months, compared to $2,919,775 for the same period in 2022. “I am thrilled with our team’s progress this quarter, demonstrating substantial revenue growth and a significant reduction in operating expenses,” said Jupiter Wellness CEO Brian John in the press release. “We recognize the presence of net losses, but they continue to decrease as we push toward being cash flow positive.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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