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Metacon posts SEK 65m in revenue and misses analysts' estimates

Metacon reported second-quarter revenue of SEK 65m (+15% year-on-year), well below analysts' estimate of SEK 89m. The operating loss widened to SEK 32.2m (previous year SEK 11.1m), EBITDA was SEK -29.2m and loss per share was SEK 0.03. The company raised SEK 77m through a rights issue, secured SEK 111m in a climate protection grant and did not provide a financial forecast for the current quarter or year. » More on de.investing.com