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Stock impact report

Trinity Biotech Announces Results for Q2, 2019

Trinity Biotech plc - American Depositary Shares (TRIB) 
Last trinity biotech plc - american depositary shares earnings: 10/26 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: trinitybiotech.com/investor-relations
Company Research Source: GlobeNewswire
DUBLIN, Ireland, Aug. 20, 2019 (GLOBE NEWSWIRE) -- Trinity Biotech plc (Nasdaq: TRIB), a leading developer and manufacturer of diagnostic products for the point-of-care and clinical laboratory markets, today announced results for the quarter ended June 30, 2019. Quarter 2 Results                                                                                           Total revenues for Q2, 2019 were $22.5m compared to $25.0m in Q2, 2018.  2018Quarter 22019Quarter 2Increase/ (decrease) US$’000US$’000%Point-of-Care4,0192,146(46.6%)Clinical Laboratory20,98320,351(3.0%)Total25,00222,497(10.0%) Point-of-Care revenues for Q2, 2019 decreased by $1.9m when compared to Q2, 2018. This reflects lower sales in the Company’s two key markets of Africa and the USA. In the case of Africa, the lower revenues reflect the haphazard nature of ordering patterns which characterise this market and that a number of Q2 orders were collected by customers’ carriers in the early days of Q3.  Whilst the lower Show less Read more
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