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.
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