Alliqua (ALQA) Misses Q1 EPS by 3c; Maintains Revenue Guidance
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Alliqua BioMedical, Inc. Reports First Quarter of Fiscal Year 2017 Financial Results
May 9, 2017 7:00 AM EDTYARDLEY, Pa., May 09, 2017 (GLOBE NEWSWIRE) -- Alliqua BioMedical, Inc. (Nasdaq: ALQA) ("Alliqua" or "the Company"), a regenerative technologies company committed to restoring tissue and rebuilding lives, today announced financial results for the first quarter ended March 31, 2017.
First Quarter 2017 Summary:
Total revenue from continuing operations increased 16% year-over-year to $4.6 million.Product revenue from continuing operations increased 28% year-over-year to $4.4 million.Gross margin was 64%, compared to 60% in the same period last year.Adjusted EBITDA loss decreased by $1.8... More