2023-03-30 16:22:04 ET
- NovaBay press release ( NBY ): Q4 GAAP EPS of -$4.33 misses by $3.97 .
- Revenue of $3.6M (+36.4% Y/Y) misses by $1.13M .
- Product sales increased 15% for the quarter and 41% for the year, driven by increasingly diversified revenue streams
- Wound care revenue increased 143% year over year
- Digital marketing program optimization continued to drive higher product sales on lower marketing spend
- Eyecare portfolio recently expanded with the introduction of the Avenova ® oral supplement and Eyeganics Organic Tears
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NovaBay GAAP EPS of -$4.33 misses by $3.97, revenue of $3.6M misses by $1.13M