MediWound Reports First Quarter 2021 Financial Results

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Go back to MediWound Reports First Quarter 2021 Financial Results

MediWound (MDWD) Tops Q1 EPS by 1c, Revenues Beat

May 5, 2021 7:15 AM EDT

MediWound (NASDAQ: MDWD) reported Q1 EPS of ($0.10), $0.01 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $5.8 million versus the consensus estimate of $5.43 million.

First Quarter and recent weeks Financial and Business Highlights:

Total revenues for the first quarter of 2021 were $5.8 million, an increase of 32% compared with the first quarter of 2020, primarily driven by the procurement of NexoBrid® by the Biomedical Advanced Research and Development Authority (BARDA)Cash and short-term investments of $17.9 million as of March... More