Brief: Kamada Reports Third Quarter And First Nine Months Of 2020 Financial Results, Recent Achievements And Corporate Development

Kamada

11/11/2020 12:16

Nov 11 (Reuters) - Kamada Ltd  KMDA.TA :
    * KAMADA REPORTS THIRD QUARTER AND FIRST NINE MONTHS OF 2020
FINANCIAL RESULTS, RECENT ACHIEVEMENTS AND CORPORATE DEVELOPMENT
    * Q3 EARNINGS PER SHARE $0.15
    * Q3 REVENUE ROSE 7 PERCENT TO $35.3 MILLION
    * SEES FY 2020 REVENUE $132 MILLION TO $137 MILLION
    * FY2020 REVENUE VIEW $134.9 MILLION -- REFINITIV IBES DATA
    * "AS WE MOVE INTO 2021 AND IN ANTICIPATION OF REDUCTION IN
REVENUES DUE TO PLANNED TRANSITION OF GLASSIA MANUFACTURING TO
TAKEDA"
    * CONTINUES TO EXPECT A 13%-15% INCREASE IN RESEARCH AND
DEVELOPMENT EXPENSES FOR FULL-YEAR 2020 AS COMPARED TO 2019.

Source text for Eikon:  ID:nGNX8ww971 
Further company coverage:  KMDA.TA 

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