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    Michael Gustitis • One Pride

    Michael Gustitis is an Equity Analyst at One Pride, specializing in the consumer staples and retail sectors with in-depth coverage of companies such as Walmart, Target, and Costco. Known for his rigorous research and data-driven approach, Gustitis has delivered investment recommendations with a success rate of over 65% and above-benchmark returns according to TipRanks analytics. He began his career in finance in 2015, previously working at Morningstar and Fidelity Investments before joining One Pride in 2021. He holds FINRA Series 7 and Series 63 licenses, and has been recognized for his sector expertise and insightful earnings commentary.

    Michael Gustitis's questions to Nexgel Inc (NXGL) leadership

    Michael Gustitis's questions to Nexgel Inc (NXGL) leadership • Q3 2024

    Question

    Michael Gustitis of One Pride inquired about the market size for the laser hair removal opportunity and asked for potential financial projections related to other aspirational R&D projects.

    Answer

    CEO Adam Levy acknowledged that the laser hair removal market is 'very, very large and growing' but admitted he did not have the exact market size data available. Regarding other projects, Levy highlighted that new Scientific Advisory Board member Kip Cracker is focused on advancing the company's patented hydrogel application for surgical drapes, noting the project is in its early stages with more updates to follow.

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