AP NEWS

Kamada: 3Q Earnings Snapshot

November 13, 2019 GMT

REHOVOT, Israel (AP) _ Kamada Ltd. (KMDA) on Wednesday reported third-quarter net income of $5.8 million, after reporting a loss in the same period a year earlier.

The Rehovot, Israel-based company said it had net income of 14 cents per share. Earnings, adjusted for stock option expense, were 15 cents per share.

The biopharmaceutical posted revenue of $33.1 million in the period.

Kamada expects full-year revenue in the range of $125 million to $130 million.

Kamada shares have increased nearly 10% since the beginning of the year. The stock has dropped 1% in the last 12 months.

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