STOCK TITAN

SenesTech, Inc. - SNES STOCK NEWS

Welcome to our dedicated page for SenesTech news (Ticker: SNES), a resource for investors and traders seeking the latest updates and insights on SenesTech stock.

SenesTech, Inc. (Nasdaq: SNES) is a pioneering biotechnology company based in the United States, specializing in the development of innovative fertility control solutions for managing animal pest populations. SenesTech is dedicated to improving global health through humane pest control methods, reducing the reliance on traditional lethal techniques.

The company’s flagship product, ContraPest®, is the first and only U.S. EPA-registered contraceptive for male and female rats. As a highly palatable liquid, ContraPest disrupts the reproductive cycle of Norway and roof rats, effectively reducing their populations. The product is dispensed inside tamper-resistant bait stations to minimize risks to non-target species and ensure the safety of handlers. ContraPest can be integrated into existing pest management programs or used as a standalone solution.

SenesTech's latest innovation, Evolve™, an EPA-designated minimum-risk contraceptive for rats, showcases the company's commitment to sustainable and humane pest control solutions. Evolve, available in a soft bait format, was launched in early 2024 and has already seen significant market acceptance. Its rapid adoption by distributors and end customers underscores its effectiveness in managing rodent populations by targeting their reproductive capabilities.

The company has expanded its reach by establishing distribution agreements with international partners, such as Agro Technic in Singapore, Evicom in Australia and New Zealand, and Q-chem in The Netherlands. These partnerships are pivotal in introducing SenesTech's fertility control solutions to new markets and enhancing global pest management strategies.

In addition to its product innovations, SenesTech has been recognized for its commercial achievements. The company was recently accepted as a vendor for Ace Hardware, allowing over 4,500 stores to order directly from SenesTech. Furthermore, SenesTech has launched a dedicated online store on Amazon, providing consumers and professionals with easy access to Evolve.

Financially, SenesTech reported record quarterly revenues in early 2024, driven by the rapid adoption of Evolve. The company's strategic initiatives, including the development of a contraceptive product for mice and operational efficiencies, are expected to sustain this growth trajectory.

SenesTech's mission is clear: to promote clean cities, efficient businesses, and happy households by providing humane, effective, and sustainable pest control solutions. For more information, visit SenesTech and ContraPest Store.

Rhea-AI Summary
SenesTech launches Evolve Soft Bait, a breakthrough solution to reduce fertility in rats
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.95%
Tags
none
-
Rhea-AI Summary
SenesTech, Inc. to present at Lytham Partners Fall 2023 Investor Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.85%
Tags
conferences
-
Rhea-AI Summary
SenesTech announces deployment of ContraPest in waste water treatment facilities in Washington and California
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
none
Rhea-AI Summary
SenesTech's July 2023 sales grew 126% compared to the previous year, driven by government and agribusiness verticals. The company launched the Isolate Bait System and is set to release a soft bait formulation. Operational efficiencies led to a decrease in SG&A expenses and improved net loss and Adjusted EBITDA compared to last year. Q2 2023 revenue was $305,000 with a gross profit margin of 46%. Net loss was $2.0 million and Adjusted EBITDA loss was $1.7 million. Cash at the end of June 2023 was $2.2 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.41%
Tags
conferences earnings
-
Rhea-AI Summary
SenesTech, Inc. (NASDAQ: SNES) announces the launch of a new delivery system for ContraPest®, the Isolate Bait System™, which incorporates an enhanced formulation of ContraPest. The system is designed to reduce install times by 80% and provide improved performance in the field. The Isolate Bait System is user-friendly, convenient in size, and increases efficiency. SenesTech's President and CEO expects that these expanded product offerings will help accelerate revenue growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.76%
Tags
none
-
Rhea-AI Summary
SenesTech, Inc. has entered into a Development and Distribution Agreement with Pathogens and Environmental Solutions (PES) of South Africa for the commercialization of ContraPest® into South Africa. PES will be responsible for seeking regulatory registration and all marketing and sales of ContraPest in South Africa. The South African National Council of SPCAs (NSPCA) introduced PES as an excellent partner for the project. Once regulatory approval is achieved, PES will offer this unique rodent control alternative to customers in South Africa and other African partners.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.47%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.92%
Tags
conferences
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.44%
Tags

FAQ

What is the current stock price of SenesTech (SNES)?

The current stock price of SenesTech (SNES) is $2.76 as of December 23, 2024.

What is the market cap of SenesTech (SNES)?

The market cap of SenesTech (SNES) is approximately 3.0M.

What is SenesTech, Inc.?

SenesTech, Inc. is a United States-based biotech company specializing in humane pest control solutions through fertility control. Their flagship products include ContraPest® and Evolve™.

What products does SenesTech offer?

SenesTech offers ContraPest, the first U.S. EPA-registered contraceptive for rats, and Evolve, an EPA-designated minimum-risk contraceptive for rats.

How does ContraPest work?

ContraPest works by targeting the reproductive cycle of Norway and roof rats, effectively reducing their fertility and population levels. It is dispensed in tamper-resistant bait stations to ensure safety.

What are the benefits of using Evolve?

Evolve is a soft bait contraceptive that reduces rodent fertility, offering a humane and effective alternative to traditional lethal methods. It fits seamlessly into integrated pest management programs.

Who are SenesTech’s distribution partners?

SenesTech has distribution agreements with partners like Agro Technic in Singapore, Evicom in Australia and New Zealand, and Q-chem in The Netherlands.

Where can I purchase SenesTech products?

SenesTech products can be purchased through their website, the ContraPest Store, Amazon, and through various retail and distribution partners including Ace Hardware.

What is the financial outlook for SenesTech?

SenesTech reported record quarterly revenues in early 2024, driven by the rapid adoption of Evolve. The company continues to focus on commercial growth and operational efficiencies.

What makes SenesTech's products unique?

SenesTech's products are unique because they target the reproductive cycle of pests, providing a humane and effective alternative to lethal pest control methods.

Are SenesTech’s products safe for non-target species?

Yes, ContraPest is dispensed inside tamper-resistant bait stations to minimize risks to non-target species and ensure handler safety.

What is SenesTech's mission?

SenesTech's mission is to promote clean cities, efficient businesses, and happy households by providing humane, effective, and sustainable pest control solutions.

SenesTech, Inc.

Nasdaq:SNES

SNES Rankings

SNES Stock Data

2.99M
1.03M
0.02%
1.89%
4.64%
Specialty Chemicals
Agricultural Chemicals
Link
United States of America
PHOENIX