January 23, 2018 / 10:05 PM / a month ago

BRIEF-Somnomed Posts HY Net EBITDA Loss Of $3.4 Million

Jan 24 (Reuters) - Somnomed Ltd:

* ‍QTRLY REVENUES GREW BY 45% TO $18.5 MILLION​

* ‍EXPECT GROUP REVENUES TO GROW BETWEEN 35% AND 40%, CLOSE TO $70 MILLION FOR FY

* HY GROUP NET EBITDA LOSS OF $3.4 MILLION

* ‍EXPECTS NEGATIVE GROUP EBITDA OF $3.5 TO $4 MILLION​ FOR FINANCIAL YEAR 2017/18 Source text for Eikon: Further company coverage:

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