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Milestone Scientific Reports Financial Results for Fourth Quarter and Full Year 2025
Globenewswire· 2026-03-31 20:15
Q4 2025 Marks Transition from Restructuring to Growth For 2026, Expects Double-Digit Revenue Growth, 400% Increase in CompuFlo Sales, and Continued Progress Toward Profitability ROSELAND, N.J., March 31, 2026 (GLOBE NEWSWIRE) -- Milestone Scientific Inc. (NYSE: MLSS), a leading developer of computerized drug delivery instruments that provide painless and precise injections, today provided a business update and announced financial results for the year ended December 31, 2025. Eric Hines, Chief Executive Offi ...
Milestone Scientific Highlights Operational Progress and Growth Initiatives Under New Leadership
Globenewswire· 2025-10-14 11:50
Core Insights - Milestone Scientific Inc. is undergoing a transformation aimed at strengthening its dental and medical businesses, reducing operating expenses, and positioning the company for accelerated growth and improved financial performance [1] Business Strategy - The new CEO, Eric Hines, has conducted a comprehensive review of operations and implemented strategic actions to accelerate growth, strengthen competitive position, and improve operating efficiency [2] - In the dental segment, the company is expanding North American sales programs, focusing on direct sales, enhancing omnichannel digital marketing, and securing new international registrations for the STA® Single Tooth Anesthesia System [2] - A similar strategy will be applied to the medical segment, including a guided relaunch of CompuFlo® and investment in market analysis and reimbursement strategies to maximize its commercial potential [2] Financial Performance - In the third quarter, the company reduced operating expenses by approximately 20% compared to the same period in 2024 while achieving modest revenue growth and an increase in recurring revenue from CompuFlo disposables [3] - There is strong international interest in CompuFlo, indicating potential for future growth [3] Future Outlook - The company is committed to advancing its innovative technology, expanding market presence, and executing on new products and partnerships [3] - The steps being taken are expected to provide a strong foundation for sustained growth and profitability [3]