Biofrontera Reports Strong Q4 Earnings Despite Revenue Miss

Monday, 18 March 2024, 04:39
Biofrontera exceeded analysts' expectations in Q4 with a GAAP EPS of $1.65, surpassing estimates by $2.79. Although the revenue of $10.6M showed a 5.0% year-over-year increase, it fell short by $1.21M. Adjusted EBITDA for the quarter was negative $3.2, indicating challenges in operational profitability.
LivaRava Finance Meta Image
Biofrontera Reports Strong Q4 Earnings Despite Revenue Miss

Biofrontera Q4 Earnings Summary

Biofrontera press release (BFRI): Q4 GAAP EPS of $1.65 beats by $2.79. Revenue of $10.6M (+5.0% Y/Y) misses by $1.21M. Adjusted EBITDA for the fourth quarter of 2023 was negative $3.2

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Do you want to advertise here?

Related posts

Do you want to advertise here?
Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe