Brief: Observe Medical Q1 EBITDA Loss Widens To NOK 4.4 Million

Observe Medical ASA

12/05/2020 06:03

May 12 (Reuters) - Observe Medical ASA  OBSERV.OL :
    * OBSERVE MEDICAL ASA: Q1 2020 FINANCIAL RESULTS
    * REVENUES IN Q1 OF 2020 CAME IN AT NOK 32 THOUSAND, AS
COMPANY IS
STILL IN LAUNCH STAGE
    * Q1 COMPANY'S EBITDA WAS NEGATIVE NOK 4.4 MILLION (NEGATIVE
NOK
2.7 MILLION IN SAME QUARTER IN 2019)
    * EXPERIENCES STRONG CUSTOMER COMMITMENT IN RESUMING SIPPI®
IMPLEMENTATION, ONCE SITUATION AT HOSPITALS NORMALIZES

Source text for Eikon:  ID:nWkr9V8Vb0 
Further company coverage:  OBSERV.OL 

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