SINTX Technologies Continues To Restructure Its Operations; Says Made The Decision In Q3 To Cease Operations Of Its Armor Division And Reduce Workforce
SINTX Technologies Continues To Restructure Its Operations; Says Made The Decision In Q3 To Cease Operations Of Its Armor Division And Reduce Workforce
In the third quarter of 2024, the Company made difficult, but essential, decisions to align with its renewed focus. Notably, SINTX made the decision to cease operations of its armor division and recorded a one-time $4.5 million impairment charge.
2024年第三季度,公司做出了艱難但必要的決定,以與其新的重點保持一致。值得注意的是,SINTX決定停止其裝甲部門的運營,並記錄了一次性450萬美元的減值費用。
This move aligns with SINTX's emphasis on reallocating resources towards the medical device market, where the Company sees the greatest potential for impactful, sustainable growth.
這一舉措與SINTX重點重新分配資源到器械市場的戰略一致,公司認爲在這裏有着最大影響力和可持續增長的潛力。
Additionally, a reduction in workforce during Q3 positions the company for a leaner, more efficient structure, supporting ongoing cost optimization efforts.
此外,第三季度減少員工數量使公司更有可能擁有更精簡、更高效的結構,支持持續進行的成本優化工作。
譯文內容由第三人軟體翻譯。