Hamilton Thorne (TSE:HTL) has released an update.
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Hamilton Thorne Ltd. reported a 24% increase in quarterly revenue to $19.4 million and a 72% rise in adjusted EBITDA to $3.7 million, driven by strong growth in equipment, consumables, software, and services. Despite a net loss, the company generated $3.5 million in cash from operations for the first nine months of 2024, indicating robust sales performance and strategic investment in working capital.
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