Lawsuit blows hole in QT Vascular's Q3 balance sheet, bottom line
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
QT VASCULAR fell into negative equity and posted a ballooned net loss of US$33.3 million for the third quarter as the company fully provided for damages that it may have to pay after losing a lawsuit.
The maker of balloon catheters said net loss was four US cents per share for the three months ended September. In the third quarter of 2014, net loss was US$3.7 million, or 0.5 US cent per share.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
