Inspira Technologies rises as Q4 loss narrows, expenses fall

Qtrex Quantum

04/04/2023 19:18

** Shares of Israel-based specialty medical device company
Inspira Technologies Oxy BHN  IINN.O  up 1.1% at $1.32
    ** Company's Q4 loss narrowed to $3.1 mln from $10.9 mln a
year earlier
    ** IINN's general and administrative expenses in the quarter
fell to $1 mln from $4.1 mln a year earlier
    ** Company's Q4 sales and marketing expenses were $247,000
vs $1.5 mln a year earlier
    ** Research and development expenses fell to $1.8 mln from
$2.2 mln a year earlier
    ** YTD, stock up 2.33%

 (Reporting by Vaibhav Sadhamta in Bengaluru)
 ((vaibhav.sadhamta@thomsonreuters.com))