REHOVOT, Israel (AP) _ Kamada Ltd. (KMDA) on Tuesday reported first-quarter profit of $4.9 million.
The Rehovot, Israel-based company said it had net income of 12 cents per share. Earnings, adjusted for stock option expense, came to 13 cents per share.
The biopharmaceutical posted revenue of $26.8 million in the period.
Kamada expects full-year revenue in the range of $125 million to $130 million.
Kamada shares have risen 13% since the beginning of the year. The stock has climbed 21% in the last 12 months.
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Automated Insights, source Associated Press News