Question · Q3 2025
Joe Diaz, acting as moderator, inquired about the primary factors contributing to ImmuCell's significant gross margin improvement observed during the third quarter of 2025.
Answer
Timothy Fiori, CFO of ImmuCell Corporation, attributed the gross margin improvement primarily to enhanced manufacturing performance, a composite price increase of approximately 6% implemented in 2025, and the positive impact of increased sales volume leading to better economies of scale.
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