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MediWound: 3Q Earnings Snapshot

November 14, 2019

YAVNE, Israel (AP) _ MediWound Ltd. (MDWD) on Thursday reported a loss of $208,000 in its third quarter.

On a per-share basis, the Yavne, Israel-based company said it had a loss of 1 cent. Losses, adjusted to account for discontinued operations, were 11 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.

The developer of treatments for burns and hard-to-heal wounds posted revenue of $5.1 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $2.7 million.

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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 MDWD at https://www.zacks.com/ap/MDWD