Biofrontera Inc. (BFRI) Misses Q1 EPS by 20c

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Biofrontera Inc. Reports First Quarter 2023 Financial Results and Provides a Business Update

May 12, 2023 7:31 AM EDT

Conference call begins at 8:30 a.m. Eastern time today

WOBURN, MA / ACCESSWIRE / May 12, 2023 / Biofrontera Inc. (Nasdaq: BFRI) (the "Company"), a biopharmaceutical company specializing in the commercialization of dermatologic products, today reported financial results for the three months ended March 31, 2023 and provided a business update.

Highlights from the first quarter of 2023 and subsequent weeks included the following:

Total revenues for the first quarter of 2023 were $8.7 million with both January and February at record-high monthly sales volumesCash and cash equivalents were $13.5 million as of March 31, 2023, compared with $17.2... More