Brief: LumiraDx Reports First Quarter 2023 Results

LumiraDx

16/05/2023 12:58

May 16 (Reuters) - Lumiradx Ltd  LMDX.O :
    * LUMIRADX REPORTS FIRST QUARTER 2023 RESULTS
    * QTRLY LOSS PER SHARE $0.14
    * LUMIRADX LD - ADDITIONAL RESTRUCTURING ACTIVITIES TO
REDUCE
GLOBAL WORKFORCE BY 40%
    * EXPENSE REDUCTIONS RELATED TO RESTRUCTING ACTIVITIES
EXPECTED TO
BE OF $36 MILLION PER ANNUM WITH FULL IMPACT FROM JUNE 2023
ONWARD
    * Q1 EARNINGS PER SHARE VIEW $-0.15 -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX9pLq8d 
Further company coverage:  LMDX.O 

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