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Earnings Call Summary | Biofrontera(BFRI.US) Q1 2024 Earnings Conference

Earnings Call Summary | Biofrontera(BFRI.US) Q1 2024 Earnings Conference

業績電話會議摘要 | Biofrontera (BFRI.US) 2024 年第一季度業績會議
富途資訊 ·  05/17 07:41  · 電話會議

The following is a summary of the Biofrontera Inc. (BFRI) Q1 2024 Earnings Call Transcript:

以下是Biofrontera Inc.(BFRI)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Biofrontera reported a decrease in Q1 2024 revenues to $7.9 million, impacted by the Change Healthcare data breach.

  • Operating expenses were $13.4 million, showing a reduction from the prior year's figure.

  • Net loss of $10.4 million was notably impacted by the accounting for B-3 convertible preferred warrants.

  • Biofrontera報告稱,受Change Healthcare數據泄露的影響,2024年第一季度收入下降至790萬美元。

  • 運營支出爲1,340萬美元,比上年的數字有所減少。

  • 淨虧損1,040萬美元受到B-3可轉換優先權證會計的顯著影響。

Business Progress:

業務進展:

  • The renegotiated license and supply agreement for Ameluz resulted in cost reductions.

  • They secured a total of $16 million funds in 2024 to support growth and expansion.

  • Despite a temporary slump due to a cyberattack, the company reported growth in revenues year-to-date as of April 30th, 2024.

  • There was a surge in demand for BF-RhodoLED lamps, indicating a positive future growth trajectory.

  • Keeping cost management in perspective, Biofrontera is set to take over the clinical trials departments, granting them a direct oversight of the trial efficacy.

  • 重新談判的Ameluz許可和供應協議降低了成本。

  • 他們在2024年共獲得了1600萬美元的資金,以支持增長和擴張。

  • 儘管由於網絡攻擊而暫時下滑,但該公司報告稱,截至2024年4月30日,年初至今的收入有所增長。

  • 對BF-Rhodoled燈的需求激增,表明未來的增長軌跡良好。

  • 從成本管理的角度來看,Biofrontera將接管臨床試驗部門,允許他們直接監督試驗的有效性。

More details: Biofrontera IR

更多詳情: Biofrontera IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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