Earth Science Tech's Q1 net income, revenue rise - ETST News | RalliesEarth Science Tech's Q1 net income, revenue rise
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ETST• Outlook
- Company is focused on expanding geographic footprint and advancing telehealth and pharmacy fulfillment platforms
- Company is evaluating strategic opportunities to broaden into new, complementary verticals
Result drivers
- Pharmacy expansion - Compounding pharmacy operations continued to expand licensing footprint across the US
- Operational efficiency - Company attributed improved profitability to operating leverage and greater efficiencies
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|
| Q1 Revenue | | $9 million | |
Quarterly results
- US health and wellness holding firm's fiscal Q1 revenue grew year over year
- Net income for fiscal Q1 rose 57%, with diluted EPS more than tripling year over year
- Company repurchased and retired 3.7 million shares, up from 505,000 a year ago
