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Ngenic Q1’22: Initial Comments - Redeye

Redeye states that the Q1 report was another step in the right direction in terms of sales and in line with the preliminary sales figure. Profitability came in slightly below our expectations due to the higher cost of goods sold and higher operating expenses. The company notes continued high demand for its services.

Redeye states that the Q1 report was another step in the right direction in terms of sales and in line with the preliminary sales figure. Profitability came in slightly below our expectations due to the higher cost of goods sold and higher operating expenses. The company notes continued high demand for its services.
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