Brief: Pulmatrix Announces Third Quarter Results

Pulmatrix

10/11/2022 14:37

Nov 10 (Reuters) - Pulmatrix Inc  PULM.O :
    * PULMATRIX ANNOUNCES THIRD QUARTER 2022 FINANCIAL RESULTS
AND
PROVIDES CORPORATE UPDATE
    * PULMATRIX INC - REVENUES INCREASED $0.8 MILLION TO $1.9
MILLION
FOR THREE MONTHS ENDED SEPTEMBER 30, 2022 COMPARED TO $1.1
MILLION FOR SAME PERIOD IN 2021
    * PULMATRIX INC - QTRLY LOSS PER SHARE $1.45
    * PULMATRIX INC - CASH AND CASH EQUIVALENTS AS OF SEPTEMBER
30,
2022 WAS $40.7 MILLION
    * PULMATRIX INC - CO EXPECTS ITS EXISTING CASH AND CASH
EQUIVALENTS WILL ENABLE IT TO FUND OPERATING EXPENSES AND
CAPITAL EXPENDITURE INTO Q2 OF 2024

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