Redsense Medical AB (publ) logo

REDS - Redsense Medical AB (publ) News Story

SEK46.3 -1.2  -2.5%

Last Trade - 4:09pm

Sector
Healthcare
Size
Small Cap
Market Cap £57.0m
Enterprise Value £54.5m
Revenue £1.19m
Position in Universe 1061st / 1829

BRIEF-Redsense Q1 Earnings Before Tax Swing To Profit SEK 241,000

Mon 4th May, 2020 7:34am
May 4 (Reuters) - Redsense Medical AB (publ)  REDS.TE :
    * INTERIM REPORT Q1 - JANUARY - MARCH, 2020 REDSENSE MEDICAL
AB
(PUBL)
    * Q1 NET SALES AMOUNTED TO KSEK 4,996 (1,964), A 154 PERCENT
INCREASE COMPARED WITH CORRESPONDING PERIOD IN 2019
    * Q1 EARNINGS BEFORE TAX AMOUNTED TO KSEK 241 (-706)
    * OPERATIONS CONTINUED UNABATEDLY AND DIRECT IMPACT OF
CORONAVIRUS
OUTBREAK ON OUR BUSINESS HAS SO FAR BEEN LIMITED, AT LEAST IN US
    * EXPECT TO CONTINUE TO SEE SALES NUMBERS THAT SURPASS
PRECEDING
YEAR'S

Source text for Eikon:  ID:nWkr8xwTHv 
Further company coverage:  REDS.TE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))
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