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Friday, May 9, 2025

Anika Therapeutics Posts Wider Loss From Cont. Ops. In Q1

 Anika Therapeutics, Inc. (ANIK) posted a first quarter loss from continuing operations of $3.96 million compared to a loss of $1.96 million, a year ago. Loss from continuing operations per share was $0.28 compared to a loss of $0.13. Adjusted net loss per share was $0.06 compared to profit of $0.13. Adjusted EBITDA was $0.1 million, for the quarter.

First quarter revenue from continuing operations was $26.2 million, a 10% decrease compared to the same period in 2024.

https://www.nasdaq.com/articles/anika-therapeutics-posts-wider-loss-cont-ops-q1

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