Brief: Digirad Corporation Reports Financial Results For The Third Quarter And Nine Months Ended September 30, 2020

Star Equity Holdings

13/11/2020 11:07

Nov 13 (Reuters) - Digirad Corp  DRAD.O :
    * ORATION REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER
AND NINE
MONTHS ENDED SEPTEMBER 30, 2020
    * Q3 ADJUSTED NON-GAAP LOSS PER SHARE $0.19 FROM CONTINUING
OPERATIONS
    * Q3 LOSS PER SHARE $0.37 FROM CONTINUING OPERATIONS
    * Q3 REVENUE $30.4 MILLION VERSUS $28.3 MILLION
    * DIGIRAD - SUBSEQUENT TO END OF QUARTER, ENTERED INTO STOCK
PURCHASE AGREEMENT WITH KNOB CREEK ACQUISITION CORP., TO SELL
ITS DMS HEALTH TECHNOLOGIES UNIT
    * DIGIRAD - INITIAL PURCHASE PRICE UNDER DEAL WITH KNOB
CREEK
ACQUISITION CORP., TO SELL ITS DMS HEALTH TECHNOLOGIES, INC
BUSINESS UNIT IS $18.75 MILLION
    * Q3 2020 OPERATING AND FINANCIAL RESULTS CONTINUED TO BE
IMPACTED
BY SLOWDOWN DUE TO COVID-19

Source text for Eikon:  ID:nGNXMY16c 
Further company coverage:  DRAD.O 

 ((Reuters.Briefs@thomsonreuters.com;))