CRH Medical (CRHM) Reports Q2 Revenues Miss

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Go back to CRH Medical (CRHM) Reports Q2 Revenues Miss

CRH Medical Corporation Announces 2020 Second Quarter Results

August 10, 2020 5:00 PM EDT

VANCOUVER, BC, Aug. 10, 2020 /PRNewswire/ - CRH Medical Corporation (TSX: CRH) (NYSE MKT: CRHM) ("CRH" or the "Company"), today announced financial and operating results for the three months ended June 30, 2020. Notably, the COVID-19 pandemic resulted in a sharp decrease in treatment volumes which negatively impacted our quarterly and year to date results.

Second quarter 2020 highlights:

Total revenue of $13.6 million, down 55.4% from second quarter 2019 Anesthesia services revenue of $12.4 million, down 55.7% from second quarter 2019 Product sales revenue of $1.2 million, down 52.9% from second quarter of 2019... More