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Thorne HealthTech, Inc. - $THRN STOCK NEWS

Welcome to our dedicated page for Thorne HealthTech news (Ticker: $THRN), a resource for investors and traders seeking the latest updates and insights on Thorne HealthTech 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 Thorne HealthTech'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.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Thorne HealthTech's position in the market.

Rhea-AI Summary
Thorne HealthTech reports net sales growth of 20.7% in Q1 2023 and reaffirms full-year guidance. DTC sales grew by 41.0%. Gross profit increased by 16.3% to $34.3 million. Net loss of $(0.4) million and adjusted EBITDA of $6.1 million. Diluted EPS of $(0.01) and adjusted diluted EPS of $0.06. Active subscriptions grew by 51.8% to 402,526. Full-year 2023 guidance includes net sales of $280 million - $290 million and adjusted EBITDA of $30 million - $32 million.
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Thorne HealthTech, Inc.

Nasdaq:THRN

THRN Rankings

THRN Stock Data

550.63M
15.73M
73.8%
10.28%
0.52%
All Other Miscellaneous Chemical Product and Preparation Manufacturing
Manufacturing
Link
United States
New York

About THRN

preventive health care. personalized. thorne is a health and technology company that is disrupting prevention and wellness. by combining dietary and lifestyle recommendations with nutritional supplement intervention, thorne is at the forefront of personalized health, with a mission to help consumers take control of their health and live a healthy life. thorne provides at-home biomarker tests to bring the doctor to the consumer’s home. by leveraging its sophisticated analytical software, thorne helps consumers uncover health insights and confidently take action to optimize health outcomes. based on individual test results, thorne’s technology and team can deliver a personalized plan on what to eat, how to exercise, and which thorne supplements to take. thorne is the only supplement manufacturer to collaborate with mayo clinic is the proud partner of a number of 12 usa teams. for more information visit thorne.com.