MediWound Q4 EPS $(0.19) Beats $(0.23) Estimate, Sales $5.34M Beat $5.32M Estimate
Portfolio Pulse from Benzinga Newsdesk
MediWound (NASDAQ:MDWD) reported Q4 earnings with losses of $(0.19) per share, surpassing the $(0.23) estimate, and sales of $5.34M, slightly above the $5.32M estimate. This represents an 83.9% improvement in losses and a 54.05% decrease in sales compared to the same period last year.
March 21, 2024 | 11:05 am
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MediWound reported a significant improvement in quarterly losses and a slight beat on sales estimates for Q4.
The improvement in losses and the beat on sales estimates are positive indicators for MediWound's financial health and operational efficiency. This performance, especially the significant reduction in losses compared to the previous year, could lead to increased investor confidence and potentially a positive short-term impact on the stock price.
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