Xbrane Biopharma Q2 2024: Initial take – stronger sales but higher costs - Redeye
Redeye’s initial take on Xbrane’s Q2 report is that end-customer sales and profit split were higher than estimated. However, the cost base and cash burn also surpassed expectations, resulting in a weaker EBIT than anticipated.
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Redeye’s initial take on Xbrane’s Q2 report is that end-customer sales and profit split were higher than estimated. However, the cost base and cash burn also surpassed expectations, resulting in a weaker EBIT than anticipated.