Brief: Alliqua Biomedical sees Q1 revenue about $4.6 million

Adynxx

06/04/2017 12:30

April 6 (Reuters) - Alliqua Biomedical Inc  ALQA.O  
    * Alliqua Biomedical, Inc announces preliminary first 
quarter fiscal 2017 revenue and updates fiscal year 2017 
outlook; earnings conference call scheduled for may 9, 2017 
    * Sees Q1 revenue about $4.6 million 
    * Sees FY 2017 revenue up about 12 to 17 percent 
    * Sees FY 2017 revenue $20.4 million to $21.3 million 
    * Alliqua Biomedical - estimates that sales of products were 
$4.4 million and that contract manufacturing sales were 
approximately $225,000 for q1 of 2017 
    * Alliqua Biomedical - fy 2017 total revenue guidance now 
assumes contract manufacturing sales of about $1.4 million, 
versus $2.2 million in fy ended dec 31, 2016 
    * Fy 2017 total revenue guidance continues to assume product 
sales of $19.0 million to $19.9 million 
 
Source text for Eikon:  ID:nGNXNSIWRa  
Further company coverage:  ALQA.O  
 
 ((Bangalore.newsroom@thomsonreuters.com;))