Centogene slides after co flags going concern doubts

Crown LiquidationCo NV in liquidatie

24/11/2021 18:48

** U.S.-listed shares of Germany-based diagnostic and pharma
co  CNTG.O  fall ~23% to hit a record low at $7
    ** Stock set for biggest pct fall since its 2019 debut
    ** CNTG flags uncertainty about its ability to continue as a
going concern after posting a wider Q3 loss  urn:newsml:reuters.com:*:nGNX21Nqdk
    ** CNTG's Q3 revenue falls 17% to 30.2 mln euros
    ** Co reports total loss of 21.6 mln euros ($24.17 mln) , or
0.96 euro per share, vs 5.7 mln euros, or 0.27 euro per shr, a
year earlier
    ** CNTG down ~34% YTD


($1 = 0.8935 euros)

 (Reporting by Deborah Sophia in Bengaluru)
 ((DeborahMary.Sophia@thomsonreuters.com;))