Brief: Brainsway Reports Quarterly Loss Per Share $0.15

Brainsway

24/06/2020 13:04

June 24 (Reuters) - Brainsway Ltd  BWAY.TA :
    * BRAINSWAY REPORTS FIRST QUARTER 2020 FINANCIAL RESULTS AND
OPERATIONAL HIGHLIGHTS
    * SEES Q2 2020 REVENUE $4.6 MILLION TO $4.9 MILLION
    * Q1 REVENUE FELL 20 PERCENT TO $4.2 MILLION
    * AS OF MARCH 31, 2020, COMPANY HAD CASH AND SHORT-TERM
INVESTMENTS OF ABOUT $18.2 MILLION
    * FOR Q2 OF 2020, BRAINSWAY EXPECTS REVENUES TO BE IN RANGE
OF
$4.6 MILLION AND $4.9 MILLION
    * HAS ALSO EXECUTED A PLAN TO DECREASE EXPENSES, INCLUDING
REDUCING SALARIES AND IMPLEMENTING OTHER COST-SAVING MEASURES
    * QUARTERLY LOSS PER SHARE $0.15

Source text for Eikon:  ID:nGNX2T8gQ7 
Further company coverage:  BWAY.TA 

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