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CollPlant Biotechnologies Ltd. Full Year Loss Widens

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

CollPlant Biotechnologies Ltd. (CLGN) announced Loss for its full year of -$16.61 million

The company's bottom line came in at -$16.61 million, or -$1.45 per share. This compares with -$7.02 million, or -$0.62 per share, last year.

Excluding items, CollPlant Biotechnologies Ltd. reported adjusted earnings of -$14.89 million or -$1.30 per share for the period.

The company's revenue for the period fell 95.3% to $0.52 million from $10.96 million last year.

CollPlant Biotechnologies Ltd. earnings at a glance (GAAP) :

-Earnings: -$16.61 Mln. vs. -$7.02 Mln. last year.
-EPS: -$1.45 vs. -$0.62 last year.
-Revenue: $0.52 Mln vs. $10.96 Mln last year.

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