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Kamada Stock Climbs To 52-Week High On Double-Digit 2024 Revenue Growth Outlook

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Shares of Kamada Ltd. (KMDA) reached a 52-week high of $7.96 during intraday trading yesterday, reflecting investor optimism surrounding the company's continued growth and financial outlook for 2024 and 2025.

This commercial-stage global biopharmaceutical company is focused on specialty plasma-derived therapeutics.

For the full year 2024, the company continues to expect total revenues in the range of $158 million to $162 million, with Adjusted EBITDA projected to range between $38 million and $42 million The total revenue was $142.5 million, and Adjusted EBITDA was $24.1 million in the full year 2023.

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