Brief: Brainsway Q2 Loss Per Share $0.17

Brainsway

26/08/2019 11:42

Aug 26 (Reuters) - Brainsway Ltd  BWAY.TA :
    * BRAINSWAY REPORTS SECOND QUARTER 2019 FINANCIAL RESULTS
AND
OPERATIONAL HIGHLIGHTS
    * Q2 LOSS PER SHARE $0.17
    * Q2 REVENUE ROSE 53 PERCENT TO $5.7 MILLION
    * HADAR LEVY, COMPANY'S CHIEF FINANCIAL OFFICER (CFO), WILL
RELOCATE TO U.S. AND ASSUME ADDITIONAL ROLE OF CHIEF OPERATING
OFFICER
    * AS OF JUNE 30, 2019, COMPANY HAD CASH AND SHORT-TERM
INVESTMENTS
OF APPROXIMATELY $27.6 MILLION, COMPARED TO $7.7 MILLION AT
MARCH 31, 2019
    * TERMINATED ITS DISTRIBUTION AGREEMENT WITH ITS ISRAELI
DISTRIBUTOR, ASSUMING DIRECT OPERATIONS FOR CUSTOMERS IN ISRAEL
    * CONTINUED ENROLLMENT IN POST-TRAUMATIC STRESS DISORDER
TRIAL IN
THE QUARTER, INTERIM RESULTS ANTICIPATED BY YEAR-END 2019

Source text for Eikon:  ID:nGNXQyhZk 
Further company coverage:  BWAY.TA 

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