Welcome to our dedicated page for Tomi Environmental Solutions I news (Ticker: TOMZ), a resource for investors and traders seeking the latest updates and insights on Tomi Environmental Solutions I stock.
TOMI Environmental Solutions Inc. (NASDAQ: TOMZ) delivers cutting-edge decontamination systems through its patented SteraMist technology. This news hub provides investors and industry professionals with essential updates about the company’s infection prevention solutions, strategic partnerships, and regulatory milestones.
Access real-time announcements including product launches, financial results, and technology licensing agreements. Our curated collection features press releases about BIT platform advancements, facility deployments across healthcare and government sectors, and compliance achievements.
Key updates cover global expansion efforts, research collaborations with defense organizations, and industry certifications validating SteraMist’s efficacy. Bookmark this page to monitor how TOMI addresses evolving disinfection challenges while maintaining operational excellence in critical environments.
TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) reported its Q1 2022 financial results, highlighting an 11% year-over-year revenue increase to $2.3 million. Gross margin rose to 61.5%, while operating loss improved by $850,000, reaching $660,000. The company received $3.5 million in orders, primarily driven by demand for its mobile equipment and custom-engineered systems. Notably, cash flow from operations turned positive, reflecting customer deposits. The firm expanded production capabilities through partnerships and aims to continue this growth throughout 2022.
TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) will announce its first-quarter financial results for 2022 on May 5, post-market close. The company, known for its Binary Ionization Technology (BIT) via the SteraMist brand, will also host a conference call at 4:30 p.m. ET the same day. Interested participants can join via phone or a live webcast. The press release emphasizes TOMI's dedication to providing advanced disinfection solutions across various sectors, including healthcare and hospitality, ensuring a safer environment through innovative technology.
TOMI Environmental Solutions, Inc. (NASDAQ: TOMZ) announced a positive business outlook in an interview with Proactive Investors. CEO Dr. Halden Shane highlighted approximately $3.5 million in orders for Custom Engineered Systems during the first quarter, with numerous projects in progress. The company possesses over $5 million in cash and hard assets exceeding $10 million. Dr. Shane anticipates a strong year for sales across all TOMI products, driven by a robust first quarter performance.
TOMI Environmental Solutions, Inc. (NASDAQ: TOMZ) showcased its disinfection technology at FDIC International from April 25-30, 2022, in Indianapolis. The company emphasized the effectiveness of its SteraMist product, designed to eliminate harmful pathogens on emergency service gear, thereby protecting firefighters and their families. During the event, TOMI also introduced the SteraPak, a portable disinfection solution for emergency services. CEO Dr. Halden Shane expressed excitement about presenting TOMI's innovative solutions to industry professionals.
TOMI Environmental Solutions, Inc. (NASDAQ: TOMZ) reported positive preliminary results for Q1 2022. The company achieved cash flow positivity from operations for the first time since Q2 2020, with expected sales growth of approximately 11% year-over-year and 15% sequentially. In total, TOMI secured about $3.5 million in orders, anticipating $3.2 million in revenue for the year. New orders for Custom Engineered Systems (CES) are promising, and production capabilities are enhanced through partnerships. However, TOMI faces a compliance challenge with Nasdaq due to its stock price falling below $1.00.
TOMI Environmental Solutions, Inc. (NASDAQ: TOMZ) recently showcased its Binary Ionization Technology at the RIA 2022 International Restoration Convention in Reno, Nevada, from April 11-13, 2022. The company aims to enhance the visibility of its products and build partnerships with large service companies. A highlight of the event is the introduction of the SteraPak, designed for effective disinfection across various industries. COO Elissa Shane emphasized the importance of strategic partnerships for growth, underlining TOMI’s commitment to expanding market interest in its disinfection solutions.
TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) reported its financial results for Q4 and the full year 2021. The company experienced a revenue decline to $7.8 million from $25.0 million in 2020, attributed to reduced demand post-COVID surge. However, revenues rose by 22% compared to pre-pandemic levels in 2019. The second half of 2021 showed a 20% revenue increase over the first half, attributed to business reopening. Gross margin for 2021 was 59.2%. Despite a net loss of $4.4 million, TOMI highlights growth in solution sales and optimism for 2022 based on increased market interest.
TOMI Environmental Solutions, Inc. (NASDAQ: TOMZ) will release its fourth quarter and full-year 2021 financial results on March 29, 2022, after market close. A conference call is scheduled for 4:30 p.m. ET on the same day. Investors can join the call by dialing (877) 545-0320 (entry code 624594) or accessing via the company’s website. A replay will be available until April 12, 2022. TOMI specializes in disinfection solutions utilizing its Binary Ionization Technology through the SteraMist brand, targeting various commercial sectors.
TOMI Environmental Solutions (NASDAQ: TOMZ) announced an urgent shipment of SteraPak units to Tomimist Hong Kong, aimed at combating the COVID-19 Omicron variant outbreak. Daily cases in Hong Kong have surged to over 58,000. The SteraPak units utilize SteraMist iHP technology, enabling effective disinfection in various commercial settings, enhancing productivity and achieving a six-log kill of infectious diseases without harmful side effects. CEO Dr. Halden Shane emphasized TOMI's readiness to support further needs in Hong Kong as the fight against the virus continues.
TOMI Environmental Solutions, Inc. (NASDAQ: TOMZ) has partnered with ARM EnerTech Associates to enhance product development and manufacturing capabilities for its SteraMist brand. This collaboration aims to address the growing demand for automated disinfection solutions, particularly through their Custom Engineered Systems (CES). Recent projects have bolstered TOMI's project pipeline, including two CES projects completed in February and one in early March. This partnership is expected to improve competitive positioning and cost efficiencies by diversifying manufacturing capabilities.
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