MediWound Q2 Adj $(0.68) Misses $(0.42) Estimate, Sales $5.06M Inline
Portfolio Pulse from Benzinga Newsdesk
MediWound (NASDAQ:MDWD) reported a significant quarterly loss of $(0.68) per share, missing the analyst consensus estimate of $(0.44) by 54.55%. This represents a 780% decrease from the same period last year. However, quarterly sales of $5.06 million met the analyst consensus estimate, showing a 6.08% increase from the previous year.
August 14, 2024 | 11:06 am
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MediWound reported a significant quarterly loss of $(0.68) per share, missing estimates by 54.55%. This is a 780% decrease from the same period last year. Sales met expectations at $5.06 million, a 6.08% increase YoY.
The significant miss on earnings per share (EPS) and the drastic year-over-year decrease in earnings are likely to negatively impact investor sentiment and the stock price in the short term. Although sales met expectations and showed a slight increase, the overall financial performance is disappointing.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100