MediWound Ltd. Q3 Loss Increases, Misses Estimates

MediWound Ltd. (MDWD) revealed Loss for its third quarter that increased from the same period last year and missed the Street estimates.

The company's earnings totaled -$10.282 million, or -$0.98 per share. This compares with -$2.196 million, or -$0.24 per share, in last year's third quarter.

Analysts on average had expected the company to earn -$0.44 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 8.8% to $4.355 million from $4.776 million last year.

MediWound Ltd. earnings at a glance (GAAP) :

-Earnings (Q3): -$10.282 Mln. vs. -$2.196 Mln. last year.
-EPS (Q3): -$0.98 vs. -$0.24 last year.
-Revenue (Q3): $4.355 Mln vs. $4.776 Mln last year.

by RTTNews Staff Writer

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