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CollPlant Biotechnologies Ltd. Q2 Profit Retreats

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

CollPlant Biotechnologies Ltd. (CLGN) released earnings for second quarter that Drops, from the same period last year

The company's earnings totaled $3.34 million, or $0.28 per share. This compares with $4.21 million, or $0.37 per share, last year.

Excluding items, CollPlant Biotechnologies Ltd. reported adjusted earnings of $2.72 million or $0.23 per share for the period.

The company's revenue for the period fell 28.1% to $0.179 million from $0.249 million last year.

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

-Earnings: $3.34 Mln. vs. $4.21 Mln. last year.
-EPS: $0.28 vs. $0.37 last year.
-Revenue: $0.179 Mln vs. $0.249 Mln last year.

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