RDHL - RedHill GAAP EPS of -$0.05 revenue of $3.6M

2023-06-12 08:54:37 ET

• RedHill press release ( NASDAQ: RDHL ): Q1 GAAP EPS of -$0.05.
• Revenue of $3.6M (-71.9% Y/Y).
• Net Income for the first quarter of 2023 was $50.2 million, as compared to Net Loss of $3.7 million for the fourth quarter of 2022,
• Total Assets as of March 31, 2023, were $58.8 million, as compared to $158.9 million as of December 31, 2022.
• Total Liabilities as of March 31, 2023, were $56.8 million, as compared to $207.3 million as of December 31, 2022.
• Net Cash Used in Operating Activities for the first quarter of 2023 was $7.2 million, as compared to $2.4 million for the fourth quarter of 2022.
• Cash Balance as of March 31, 2023, was $28.8 million

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