Brief: Velan reports Q2 loss/share of $0.26
12/10/2017 20:07
Oct 12 (Reuters) - Velan Inc VLN.TO :
* Velan Inc reports its second quarter 2017/18 financial
results
* Q2 loss per share $0.26
* Q2 sales rose 7.6 percent to $76.5 million
* Says order backlog of US$488.7 million at end of quarter
* Says qtrly bookings amounted to $92.5 million, an
increase of $15.1 million or 19.5% compared to last year
* Says "this fiscal year will be difficult", but confident
that recent surge in backlog, with strategic efforts, will
improve co's overall position
Source text for Eikon: ID:nGNXOEWTYa
Further company coverage: VLN.TO
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