Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Medgenics Q1 Loss Widens - Quick Facts

Medgenics Inc. (MDGN: Quote) posted first-quarter net loss of $2.71 million or $0.28 per share, wider than $0.34 million or $0.06 per share in the previous year period.

General and administrative expense for the first quarter increased to $1.36 million from $0.78 million in the comparable quarter last year, primarily due to higher legal and professional services fees and to increased activities in the U.S. as part of forthcoming clinical trials.

Click here to receive FREE breaking news email alerts for Medgenics and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
The Islamic State (IS), a Sunni extremist group previously known as Islamic State of Iraq and the Levant (ISIL), has released a video purporting to show the beheading of US journalist Steven Sotloff, media reports said Tuesday. According to reports, the video also showed a masked man threatening to execute a British man named David Haines. He also warned governments to stay away "this evil allian Less than a month after resigning from Congress, former House Majority Leader Eric Cantor, R-Virg., has made the move from Washington to Wall Street by joining boutique investment bank Moelis & Co. A statement from Moelis said Cantor will serve as Vice Chairman and Managing Director and also be elected to the company's Board of Directors. Stocks continue to show a lack of direction in mid-day trading on Tuesday following the long, holiday weekend. Even with the lackluster performance, the markets are largely holding on to the bulk of their recent gains.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.