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NANALYSIS SCIENTIFIC CORP - $NSCIF STOCK NEWS

Welcome to our dedicated page for NANALYSIS SCIENTIFIC news (Ticker: $NSCIF), a resource for investors and traders seeking the latest updates and insights on NANALYSIS SCIENTIFIC stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NANALYSIS SCIENTIFIC's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary

Nanalysis Scientific Corp. announces fourth quarter and full year 2023 results with optimistic outlook for 2024. The Company reported revenue growth, improved gross margins, and reduced losses. Financial highlights show increased sales and service revenue, with positive trends in product sales and security services. The Company is focused on innovation, cost-cutting measures, and strategic partnerships to drive profitability. Notable achievements include new revenue records, completion of the Airport Security Project phase-in, and funding for AI software development.

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-9.4%
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Rhea-AI Summary
Nanalysis Scientific Corp. will host a conference call on April 25th to discuss the results for the quarter and year ending December 31, 2023. The Company is a leader in portable NMR machines and MRI technology for industrial and research applications. Investors can participate in the call online or by phone. An additional Q&A session for European investors will be held on April 26th.
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-4.06%
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Nanalysis Scientific Corp. announces Full Year 2023 Conference Call for April 29th and European Q&A Session for April 30th. The Company will discuss results for the quarter and year ending December 31, 2023, with CEO and CFO hosting the call. Investors can participate via phone or online webcast. European investors can join the Q&A session as well.
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Nanalysis Scientific Corp. announces the resignation of Kham Lin as a director, effective April 9, 2024, with the Board of Directors accepting his resignation. The Company expresses gratitude for Mr. Lin's contributions.
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-0.14%
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management
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Nanalysis Scientific Corp. receives $1.45 million in funding from NRC IRAP to develop AI-based software tools for detecting illicit substances. The project aims to use quantum mechanical modeling and AI to analyze NMR results, identifying both known and unknown designer drugs. The company's non-destructive NMR technology uniquely positions it to assist in this global fight against substance abuse.
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-2%
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AI
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Nanalysis Scientific Corp. announces CEO participation in upcoming webinars and conferences. CEO Sane Krakiwsky to provide business review and update on growth opportunities for the CATSA contract, NMR, and MRI businesses. Investors can register for live events and request one-on-one meetings with management.
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Nanalysis Scientific Corp. (NSCIF) achieved a new record quarter with unaudited Q4 2023 revenues estimated at $9.3MM to $9.8MM. The company attributes this success to the continued expansion of security services related to its airport security maintenance project and recovery in Benchtop NMR sales. Nanalysis also completed the phase-in period for its airport security maintenance project, resulting in the performance of maintenance of passenger screening imaging and detection equipment across Canada. The company sold and shipped 14 100MHz Benchtop NMR units in Q4, driving continued recovery in Benchtop NMR revenue. Additionally, Nanalysis expanded its patent portfolio with the grant of United States Patent #US 11,815,574B2 for its Benchtop NMR products.
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6.93%
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Nanalysis Scientific Corp. completes the phase-in of Canada-wide coverage at all 89 designated airports, marking a significant milestone in its subsidiary KPrime's security services business. The completion of the CATSA project rollout is expected to generate positive EBITDA in Q1 2024, with revenue projected to increase substantially throughout the year. The company has taken over all preventative and corrective maintenance services for CATSA, positioning itself for future growth opportunities in the security services sector.
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5.67%
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Nanalysis Scientific Corp. (NSCI) announces the grant of 475,000 Restricted Share Units to its independent Directors under the RSU plan, with 100,000 RSUs vesting immediately and the remaining vesting over a three-year period.
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3.71%
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Nanalysis Scientific Corp. (NSCI) releases its third quarter results ending September 30, 2023, showing an increase in consolidated revenue to $7,036K, a 61% improvement in Benchtop Sales NMR, and a loss before other items of ($1,354K). The company reports continued progress in Security Services and challenges in Benchtop NMR sales.
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-9.87%
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NANALYSIS SCIENTIFIC CORP

OTC:NSCIF

NSCIF Rankings

NSCIF Stock Data

30.83M
94.62M
6.49%
0.03%
Analytical Laboratory Instrument Manufacturing
Manufacturing
Link
United States of America
Calgary