Scientific Industries Reports Positive Growth in FY 2023 Financial Results

Monday, 1 April 2024, 14:04

In a promising update, Scientific Industries reported a 9% increase in net revenues to $11.1 million for the fiscal year 2023. However, the company also saw a notable rise in operating expenses by $1.3 million, indicating potential challenges in cost management moving forward.
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Scientific Industries Reports Positive Growth in FY 2023 Financial Results

Scientific Industries FY 2023 Financial Results

In the latest financial update, Scientific Industries revealed a 9% rise in net revenues to $11.1 million for FY 2023. This growth was overshadowed by a substantial increase in operating expenses by $1.3 million.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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