Sweden's Klaria net loss narrows on lower R&D expenses
Sweden's Klaria net loss narrows on lower R&D expenses
Overview
Sweden pharma developer reported no Q2 net sales, unchanged from prior year
Q2 net loss after tax narrowed year-over-year, with lower R&D expenses
Operating cash flow widened and liquid assets increased from last year
Outlook
Klaria did not provide specific guidance or outlook for future periods
Result Drivers
LOWER R&D EXPENSES - Klaria attributed narrowed net loss after tax to reduced R&D expenses in Q2
Company press release: ID:nWkr7dst7D
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales |
| SEK 0 |
|
Q2 Loss Per Share |
| SEK 0.05 |
|
Q2 Net Loss After Tax |
| SEK 12.90 mln |
|
Q2 Cash Flow from Operating Activities |
| -SEK 14.80 mln |
|
Analyst Coverage
The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 30 three months ago
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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