Molekule reports first quarter 2023 financial results

Q1 2023 revenues of $8.3 million exceed guidance announces q2 2023 revenue guidance of approximately $12 million up approximately 45% with substantially improved ebitda due to significant increases in gross profit and operating leverage, all as compared to q1 2023 remains on target to achieve full year fiscal 2023 revenue guidance of between $60-$70 million palm beach gardens, fla., may 16, 2023 (globe newswire) -- molekule group, inc. (“molekule” or the “company”) (nasdaq: mkul), an emerging leader in air purification technology solutions, systems for healthcare and commercial smart building applications, and individual consumer protection, today reported financial results for the three months ended march 31, 2023 (“q1 2023”).
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