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Stock impact report

Medigus Ltd Announces Second Quarter 2018 Financial Results

Medigus Ltd. - American Depositary Shares (MDGS) 
Company Research Source: GlobeNewswire
OMER, Israel, Aug. 30, 2018 (GLOBE NEWSWIRE) -- Medigus Ltd. (“Medigus” or the “Company”) (NASDAQ: MDGS) (TASE: MDGS), a medical device company developing minimally invasive endosurgical tools and direct visualization technology, today announced financial results for the second quarter ended June 30, 2018. Q2 FY 2018 Snapshot: Second Quarter Operating Loss Decreased by 17%Commercialization Activities Expanded In Target MarketsCompany Enters Large and Growing Orthopedic Market with Premier PartnerSigned Strategic Agreement with Leading GI Distributor Lowered Operating Costs “The second quarter was defined by wide-ranging strength across target markets, including  commercial expansion and pioneering of MUSE™ procedures in key geographical areas, and our entry into the orthopedic space,” said Chris Rowland, CEO of Medigus. “I am encouraged by our progress and our customers’ desire to continue expanding their product offerings with us. We look forward to future milestones, including Show less Read more
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