Brief: PolyPid Reports Fourth Quarter And Full-Year 2021 Financial Results

Polypid

09/02/2022 12:13

Feb 9 (Reuters) - PolyPid Ltd  PYPD.O :
    * POLYPID PROVIDES CORPORATE UPDATE AND REPORTS FOURTH
QUARTER AND
FULL-YEAR 2021 FINANCIAL RESULTS
    * AS OF DECEMBER 31, 2021, COMPANY HAD CASH AND CASH
EQUIVALENTS
AND DEPOSITS IN AMOUNT OF $32.2 MILLION
    * QTRLY LOSS PER SHARE $0.71
    * POLYPID EXPECTS THAT THIS CASH BALANCE WILL BE SUFFICIENT
TO
FUND OPERATIONS THROUGH END OF 2022
    * Q4 EARNINGS PER SHARE VIEW $-0.56, REVENUE VIEW $0.00 --
REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX3PPV17 
Further company coverage:  PYPD.O 

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