BioHarvest Sciences Inc. has released its preliminary unaudited financial guidance for the third and fourth quarters of 2025. For the third quarter, the company expects revenue of approximately $9.1 million, in line with management's previous guidance, and an adjusted EBITDA in the range of negative $0.7 million to negative $0.4 million. Cash and cash equivalents as of September 30, 2025, totaled around $11 million. For the fourth quarter, BioHarvest projects revenue between $9 million and $9.5 million, with adjusted EBITDA anticipated to range from negative $0.6 million to breakeven. The company notes growth in its VINIA® business and CDMO Services, supported by new product launches and marketing initiatives set to roll out in the fourth quarter. Management indicates that BioHarvest is well positioned to reach adjusted EBITDA breakeven in the near term.
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