Kamada Reports Strong First Quarter 2024 Financial Results with Year-Over-Year Top-Line Growth of 23% and a 96% Increase in Profitability; Raises Full-Year Financial Guidance
Revenues for First Quarter of 2024 were $37.7 Million, Representing a 23% Increase Year-over-Year
- Revenues for First Quarter of 2024 were $37.7 Million, Representing a 23% Increase Year-over-Year
First Quarter 2024 Adjusted EBITDA of $7.5 Million, Representing a 96% Increase Year-over-Year
Momentum Primarily Driven by U.S. - We are also increasing our adjusted EBITDA guidance to $28 million to $32 million from the initial guidance of $27 million to $30 million.
- These opportunities are expected to support continued growth at double-digit rates beyond 2024,” added Mr. London.
- Financial Highlights for the Three Months Ended March 31, 2024
Total revenues were $37.7 million in the first quarter of 2024, a 23% increase from the prior year period.