Brief: Biofrontera Reports Q2 Revenue Of $4.5 Mln, Down 24%

Biofrontera

12/08/2022 14:09

Aug 12 (Reuters) - Biofrontera Inc  BFRI.O :
    * . REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS AND PROVIDES A BUSINESS
UPDATE
    * Q2 REVENUE FELL 24 PERCENT TO $4.5 MILLION
    * NET LOSS FOR Q2 OF 2022 WAS $0.05 PER SHARE
    * AFFIRMS PREVIOUSLY ANNOUNCED FINANCIAL GUIDANCE FOR 2022
    * AS OF JUNE 30, 2022, BIOFRONTERA INC. HAD CASH AND CASH EQUIVALENTS OF
$31.9
MILLION
    * BELIEVES CASH AND CASH EQUIVALENTS SUFFICIENT TO FUND OPERATIONS FOR AT
LEAST
NEXT 12 MONTHS

Source text for Eikon:  ID:nGNX8tWFj6 
Further company coverage:  BFRI.O 

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