MediWound Reports Fourth Quarter and Full-Year 2019 Financial Results

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MediWound (MDWD) Misses Q4 EPS by 3c, Revenues Beat

February 25, 2020 7:17 AM EST

MediWound (NASDAQ: MDWD) reported Q4 EPS of ($0.13), $0.03 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $5.4 million versus the consensus estimate of $4.08 million.

Fourth Quarter and Full-Year 2019 Financial Highlights:

Total revenues of $31.8 million for the full-year 2019. Total revenues of $5.4 million for the fourth quarter of 2019, an increase of $4.4 million from the $1.0 million of fourth quarter of 2018, driven primarily by revenues from development services. The Company had $29.5 million in cash and short-term investments as of December 31, 2019.

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