Brief: Paion 9-Mth Net Loss At EUR 8.8 Mln

PAION AG

07/11/2018 06:46

Nov 7 (Reuters) - PAION AG  PA8G.DE :
    * PUBLISHES GROUP QUARTERLY STATEMENT FOR THE FIRST NINE
MONTHS OF
2018
    * NET LOSS FOR FIRST NINE MONTHS OF 2018 AMOUNTED TO KEUR
8,764
COMPARED TO A NET LOSS OF KEUR 8,508 IN PRIOR-YEAR PERIOD
    * EXPECTS REVENUES OF ABOUT EUR 3 MILLION IN 2018
    * NET LOSS IS EXPECTED TO AMOUNT TO BETWEEN APPROX. EUR 10.0
MILLION AND APPROX. EUR 12.5 MILLION IN 2018
    * SHOULD FILING FOR MARKET APPROVAL IN JAPAN BE DELAYED TO
2019,
REVENUES AMOUNTING TO EUR 2 MILLION WOULD SHIFT INTO 2019

Source text for Eikon:  ID:nEQ7tjMs9a 
Further company coverage:  PA8G.DE 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))