Kamada: Q1 Earnings Snapshot

REHOVOT, Israel (AP) _ Kamada Ltd. (KMDA) on Wednesday reported first-quarter profit of $2.7 million.

The Rehovot, Israel-based company said it had profit of 6 cents per share.

The biopharmaceutical posted revenue of $24.9 million in the period.

Kamada shares have dropped 9% since the beginning of the year. The stock has decreased 21% in the last 12 months.

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The Associated Press