Brief: Medigene Q1 Total Revenue Down At Eur 1.40 Mln

Medigene AG

14/05/2020 06:43

May 14 (Reuters) - MEDIGENE AG  MDG1k.DE :
    * TOTAL REVENUE IN Q1 2020 DECREASED TO EUR1.40 M FROM
EUR2.10 M
IN Q1 2019
    * AS OF 31 MARCH 2020, CASH AND CASH EQUIVALENTS AND
FIXED-TERM
DEPOSITS AMOUNTED TO EUR48.53 M
    * Q1 (EBITDA) DECREASED BY EUR0.96 M ON PRIOR-YEAR QUARTER
(Q1
2019: EUR-4.99 M), AMOUNTING TO EUR-5.95 M
    * MEDIGENE CONFIRMS ITS FINANCIAL FORECAST FOR 2020
    * CURRENTLY, MEDIGENE EXPECTS NO MATERIAL INFLUENCE OF
COVID-19
PANDEMIC ON TOTAL REVENUE, RESEARCH AND DEVELOPMENT EXPENSES AND
LOSS AT EBITDA LEVEL

Source text for Eikon:  ID:nPexrNdQ3a 
Further company coverage:  MDG1k.DE 

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