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BRIEF-MDxHealth H1 EBITDA rises to 1.4 million dollars
August 31, 2017 / 5:30 AM / 21 days ago

BRIEF-MDxHealth H1 EBITDA rises to 1.4 million dollars

Aug 31 (Reuters) - MDXHEALTH SA:

* H1 ‍TOTAL REVENUE OF $24.3 MILLION, UP 87% FROM $12.9 MILLION IN 2016​

* H1 ‍PRODUCT REVENUE WAS $12 MILLION, UP 10% FROM $10.9 MILLION;​

* H1 ‍OPERATING PROFIT OF $0.6 MILLION COMPARED TO AN OPERATING LOSS OF $7.5 MILLION YEAR AGO​

* ‍FOR 2017 MAINTAINS ITS PRODUCT AND SERVICE REVENUE GUIDANCE OF GROWTH BETWEEN 55% TO 75%, EXCLUDING ROYALTIES AND MILESTONE PAYMENTS​

* H1 EBITDA $1.4 MILLION VERSUS LOSS OF $6.7 MILLION YEAR AGO

* H1 NET INCOME $538,000 VERSUS LOSS OF $7.6 MILLION YEAR AGO Source text for Eikon: bit.ly/2wpBlKV Further company coverage: (Gdynia Newsroom)

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