Solesence Shares Fall After Swinging to 3Q Loss as Revenue Drops

Dow Jones
Nov 12, 2025
 

By Terell Wright

 

Shares of Solesence were lower Tuesday after the skin care and cosmetics company swung to a third-quarter loss as revenue declined.

Shares fell 44% to $1.59. Year-to-date, shares are down 38%.

The company swung to a loss of $1.12 million, or 2 cents a share, from a profit of $3.1 million, or 4 cents a share, in the same quarter a year earlier.

Solesence recently announced a restructuring focused on unifying the company's research & development and quality teams, consolidating manufacturing and increasing production automation.

Revenue fell roughly 13.6% to $14.6 million, hurt by declining product sales.

 

Write to Terell Wright at terell.wright@wsj.com

 

(END) Dow Jones Newswires

November 11, 2025 11:03 ET (16:03 GMT)

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