Brief: Koru Medical Systems Sees FY 2020 Revenue About $24 Mln

Koru Medical Systems

25/01/2021 21:07

Jan 25 (Reuters) - Repro Med Systems Inc  KRMD.O :
    * KORU MEDICAL SYSTEMS REPORTS PRELIMINARY FULL YEAR 2020
RESULTS;
ANNOUNCES CEO TRANSITION
    * SEES FY 2020 REVENUE ABOUT $24 MILLION
    * JIM BECK, HAS BEEN APPOINTED INTERIM CHIEF EXECUTIVE
OFFICER
    * DON PETTIGREW HAS RESIGNED AS PRESIDENT AND CEO
    * BOARD OF DIRECTORS HAS RETAINED A LEADING EXECUTIVE SEARCH
FIRM
TO ASSIST IN SEARCH PROCESS TO IDENTIFY A REPLACEMENT CEO.
    * REPRO MED SYSTEMS - PRELIMINARY CASH, CASH EQUIVALENTS AND
MARKETABLE SECURITIES ARE EXPECTED TO BE APPROXIMATELY $27.3
MILLION AS OF DECEMBER 31, 2020

Source text for Eikon:  ID:nBwb1TwLba 
Further company coverage:  KRMD.O 

 ((Reuters.Briefs@thomsonreuters.com;))