PolyPid Ltd. Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2021
August 11, 2021 at 07:00 am EDT
PolyPid Ltd. announced earnings results for the second quarter and six months ended June 30, 2021. For the quarter, the company reported operating loss was $19,427,000 against $11,708,000 a year ago. Net loss was $19,164,000 against $22,862,000 a year ago. Basic and diluted net loss per ordinary share was $1.03 against $37.87 a year ago.
For the six months, the company reported operating loss was $10,630,000 against $7,272,000 a year ago. Net loss was $10,477,000 against $16,993,000 a year ago. Basic and diluted net loss per ordinary share was $0.56 against $25.3 a year ago.