logo
Share SHARE
FONT-SIZE Plus   Neg

Medgenics Q1 Loss Widens - Quick Facts

Medgenics Inc. (MDGN) 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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Shares of thyssenKrupp AG were gaining around 2 percent in the morning trading in Germany after the steel giant Thursday said it expects clearly positive net income and significantly higher adjusted EBIT, a key earnings metric, in fiscal 2018. This was after reporting higher adjusted EBIT, sales and order intake in its fiscal 2017, despite a net loss due to charges. Senator Lisa Murkowski, R-Alaska, has expressed support for repealing Obamacare's individual mandate, a key provision Senate Republicans are hoping to use to offset the cost of their tax reform bill. The Congressional Budget Office estimates repealing the requirement that nearly all Americans purchase... Automotive startup Divergent 3D said that a Chinese-led investment syndicate has agreed to commit up to $107 million in financing through a new investment round. Hong Kong-based investment holding company, O Luxe Holdings Limited, led the investment group, which includes Horizons Ventures, Shanghai Alliance Investment Limited and Altran Technologies.
comments powered by Disqus
Follow RTT