REHOVOT, Israel (AP) — REHOVOT, Israel (AP) — Kamada Ltd. (KMDA) on Wednesday reported second-quarter profit of $4.4 million.
The Rehovot, Israel-based company said it had net income of 8 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The biopharmaceutical posted revenue of $42.5 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $39.7 million.
Kamada expects full-year revenue in the range of $158 million to $162 million.
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