- Healthy Extracts (OTCQB:HYEX) said its net revenue for Q4 2023 is expected to total approximately $669,000, up 9% from the third quarter of 2023 and up more than 15% over the same year-ago quarter.
- Gross margin for Q4 is expected to exceed 70%, driving positive operating cash flow after excluding stock-based compensation expense and interest expense.
- For the first quarter of 2024, the company anticipates net revenue of approximately $675,000 to $725,000, which would represent 10% to 18% growth over the first quarter of last year.
- Source: Press Release
