REHOVOT, Israel (AP) — REHOVOT, Israel (AP) — Kamada Ltd. (KMDA) on Wednesday reported fourth-quarter profit of $3.6 million.
The Rehovot, Israel-based company said it had profit of 6 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The biopharmaceutical posted revenue of $44.7 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $45.7 million.
For the year, the company reported profit of $20.2 million, or 35 cents per share. Revenue was reported as $180.5 million.
Kamada expects full-year revenue in the range of $200 million to $205 million.
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