SenesTech Reports Record Preliminary Third Quarter Revenue Exceeding $1 Million, the Highest in Company History, with 40% Sequential Growth

Michael Edell, Chief Executive Officer of SenesTech

“Our preliminary third quarter revenue marks an important milestone for SenesTech, reaching the $1 million threshold for the first time and setting a second consecutive quarterly record”

Michael Edell, Chief Executive Officer of SenesTech

“This is another quarter demonstrating progress on the plans and strategies we have previously announced, and our full third quarter financial results are expected to reflect that progress across the commercial model we have been building.”

Michael Edell, Chief Executive Officer of SenesTech

“E-commerce continues to scale as a controllable, data-driven acquisition engine, our vertical-focused B2B organization is gaining traction, and higher subscription revenue is expanding our recurring revenue base and improving the quality and visibility of revenue.”

Michael Edell, Chief Executive Officer of SenesTech

“We still have work to do, but we believe this is a clear indication that we are on the right path.”

Michael Edell, Chief Executive Officer of SenesTech

“We continue to lay the foundation for a much larger company in the future by working to expand e-commerce and B2B significantly in a cost-effective manner.”

Michael Edell, Chief Executive Officer of SenesTech

“With many of the investments and transition costs incurred earlier in the year increasingly behind us, coupled with strong revenue growth and improved unit economics, we expect continued, improved metrics going forward.”