Trinity Biotech (TRIB) has released an update.
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Trinity Biotech has reported a 14% year-on-year revenue growth in Q2 2024, driven by high demand for their TrinScreen HIV product, with total revenues reaching $15.8 million. The company’s Point-of-Care product line witnessed a remarkable 119% growth compared to the previous year. Trinity Biotech remains on track to hit $20 million in annualized EBITDASO on revenues of approximately $75 million by Q2 2025, reflecting strong performance and strategic initiatives.
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