Press Release: Nature's Miracle Holding Inc. Announces Third Quarter 2024 Financial Results

Dow Jones11-15

                                           --------------  --------------- 
Net Loss                                   $  (2,750,371)  $     (403,881) 
Add Back: Depreciation                             39,860           41,694 
               Stock Compensation                 848,075                - 
               Interest Expense                   738,468          133,047 
                                           --------------  --------------- 
EBITDA plus non-cash Stock Compensation    $  (1,123,968)  $     (229,140)

View original content:https://www.prnewswire.com/news-releases/natures-miracle-holding-inc-announces-third-quarter-2024-financial-results-302306406.html

SOURCE Nature's Miracle Holding Inc.

(END) Dow Jones Newswires

November 14, 2024 16:42 ET (21:42 GMT)

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ONTARIO, Calif., Nov. 14, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc.  , a leader in vertical farming technology and infrastructure, today announced its financial results for the third quarter ended September 30, 2024.-- Revenue for the third quarter of 2024 increased 13.5% to $3.1 million. compared to $2.7 million in the same year ago period.-- Gross profit of $228,113 and $158,768 for the third quarter of 2024 and. -- Gross margin expanded by 160 basis points to 7.5% from 5.9% in the third. -- Net loss of $2.8 million as compared to net loss of $0.4 million in the. -- Adjusted EBITDA for the third quarter of 2024 was a loss of $1.1 million. compared to a loss of $0.2 million in the same year ago period.Uninet Global Inc. which improved its shareholder equity position.-- Delivered first shipment of Efinity brand dehumidifier product to Fiacre. Inc., a major indoor grower in the San Francisco Bay Area.-- Received record $2.4 ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NMHI":"NATURES MIRACLE HOLDING INC","BK4152":"农用农业机械"},"translate_title":"新闻稿：Nature's Miracle Holding Inc.公布2024年第三季度财务业绩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NMHI":0.9},"content_text":"--------------  --------------- \nNet Loss                                   $  (2,750,371)  $     (403,881) \nAdd Back: Depreciation                             39,860           41,694 \n               Stock Compensation                 848,075                - \n               Interest Expense                   738,468          133,047 \n                                           --------------  --------------- \nEBITDA plus non-cash Stock Compensation    $  (1,123,968)  $     (229,140) \n \n\n\n      View original content:https://www.prnewswire.com/news-releases/natures-miracle-holding-inc-announces-third-quarter-2024-financial-results-302306406.html \n\n\n     SOURCE Nature's Miracle Holding Inc. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 14, 2024 16:42 ET (21:42 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483533003"}