REHOVOT, Israel (AP) — REHOVOT, Israel (AP) — Kamada Ltd. (KMDA) on Wednesday reported fourth-quarter net income of $3.8 million.
The Rehovot, Israel-based company said it had net income of 7 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The biopharmaceutical posted revenue of $39 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $39.4 million.
For the year, the company reported profit of $14.5 million, or 25 cents per share. Revenue was reported as $161 million.
Kamada expects full-year revenue in the range of $178 million to $182 million.
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