Brief: Sequana Medical Announces 2020 Full Year Results And 2021 Outlook

Sequana Medical NV

17/03/2021 05:06

March 17 (Reuters) - Sequana Medical NV  SEQUA.BR :
    * SEQUANA MEDICAL ANNOUNCES 2020 FULL YEAR RESULTS AND 2021
OUTLOOK
    * FY REVENUE EUR 963,000, DOWN -1%
    * FY NET LOSS EUR 19.1 MILLION VERSUS EUR 15 MILLION
    * SUCCESSFUL EQUITY PLACEMENTS EXTEND CASH RUNWAY INTO Q2
2022
    * FY BASIC LOSS PER SHARE EUR 1.25
    * DEPENDING ON FURTHER COVID-19 DEVELOPMENTS, NORMAL
COMMERCIAL
ACTIVITY IN EUROPE IS EXPECTED TO RESUME IN H2 2021
    * EUROPEAN ALFAPUMP SALES EXPECTED TO BE LIMITED IN H1 2021
    * NORMAL COMMERCIAL ACTIVITY IN EUROPE IS EXPECTED TO RESUME
IN H2
2021 FOR ALFAPUMP

Source text for Eikon:  ID:nGNX6b3pS4 
Further company coverage:  SEQUA.BR 

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