MediWound: Q3 Earnings Snapshot

Associated Press Finance

2024-11-26

YAVNE, Israel (AP) — YAVNE, Israel (AP) — MediWound Ltd. (MDWD) on Tuesday reported a loss of $10.3 million in its third quarter.

The Yavne, Israel-based company said it had a loss of 98 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 48 cents per share.

The developer of treatments for burns and hard-to-heal wounds posted revenue of $4.4 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $6 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDWD at https://www.zacks.com/ap/MDWD

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