Universe Pharmaceuticals Inc. reported its financial results for the six months ended March 31, 2025. The company experienced a significant decrease in revenues, which fell by 29.0% to $9.2 million from $12.9 million in the same period the previous year. This decline in revenue was primarily attributed to a decrease in the average selling price and sales volume of the company's third-party products. The company also reported a net loss of $3.3 million, an increase of 37.4% from the net loss of $2.4 million recorded in the same period of 2024. The loss from operations was $2.3 million, up from $1.7 million in the prior year, due to reduced revenue and increased general and administrative expenses. There was no specific outlook or guidance provided in the report.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Universe Pharmaceuticals Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-061480), on July 03, 2025, and is solely responsible for the information contained therein.
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