Alliqua (ALQA) Tops Q1 EPS by 14c
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Alliqua BioMedical, Inc. Reports First Quarter Financial Results
May 14, 2015 4:01 PM EDTLANGHORNE, Pa., May 14, 2015 (GLOBE NEWSWIRE) -- Alliqua BioMedical, Inc. (Nasdaq: ALQA) ("Alliqua" or "the Company"), a provider of advanced wound care products, today announced financial results for the first quarter ended March 31, 2015.
Q1 Highlights:
Total revenue increased 258% year-over-year to $2.1 million. Organic revenue growth was 169% year-over-year. Proprietary products revenue increased 1,215% year-over-year to $1.4 million. Organic proprietary product revenue growth was 748% year-over-year. On January 5th, the Company announced a Group Purchasing Agreement with Premier, Inc. On February 2nd, the Company announced a definitive agreement to acquire... More