Brief: Velan Inc. Reports Its First Quarter 2022/23 Financial Results

Velan

07/07/2022 20:48

July 7 (Reuters) - Velan Inc  VLN.TO :
    * VELAN INC. REPORTS ITS FIRST QUARTER 2022/23 FINANCIAL
RESULTS
WITH SALES AND GROSS MARGINS COMPARABLE TO THE PRIOR YEAR
    * VELAN INC - SALES FOR QUARTER AMOUNTED TO $75.0 MILLION,
AN
INCREASE OF $0.5 MILLION OR 0.6% COMPARED TO SAME QUARTER OF
PREVIOUS FISCAL YEAR
    * VELAN INC- FOR CURRENT QUARTER, NO DIVIDEND WILL BE
DECLARED
    * VELAN INC - QTRLY NET LOSS AMOUNTED TO $7.4 MILLION OR
$0.34 PER
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Source text for Eikon:  ID:nGNX346KZX 
Further company coverage:  VLN.TO 

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