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Cormedix Inc.  (CRMD)
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EARNINGS REPORT by CSIMarket

Company Fail to Break-even Despite Surge in Sales

Cormedix Inc announced third quarter 2019 operating deficit of $-5.171515 millions

pills_rapid_release_pills_By_Katy_Warner_from_Orlando_FL_USA_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsCormedix Inc announced very strong Sales growth year on year to $0 millions in the third quarter 2019, but increased losses at $-1.35.

Compare to previous quarter increased losses from $-0.03 per share and from $0 millions.

For the third quarter 2019 Cormedix Inc realized net loss of $-32 million, bigger than $-6 million a year ago.


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Company Fail to Break-even Despite Surge in Sales

Cormedix Inc announced very strong Sales growth year on year to $0 millions in the third quarter 2019, but increased losses at $-1.35.

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In November growth in construction spending slows

Outlays for U.S. construction projects continue to grow but on the slower pace, mainly because of slow construction spending for lodging.

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Royal Bank Of Canada announced first quarter operating surplus of $3389.55 millions

In the first quarter Royal Bank Of Canada eps of $1.84 per share compare to $0.00 a year ago and eps dropped by -72.57 % from $6.70 per share from the previous quarter.

Revenues remained unchanged to $9.83 billions from $0.00 millions in the same quarter a year ago and sequentially by -72.1 % from $35.24 billions.

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Impairment charge hurt Forth quarter profits

Beasley Broadcast Group Inc profitable in forth quarter despite impairment charges of $13.66 million

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Wisdomtree Continuous Commodity Index Master Fund announced forth quarter operating income of $13.764255 millions

For the forth quarter Wisdomtree Continuous Commodity Index Master Fund reached break-even at $0.00 per share, compare to results of $0.00 per share a year ago quarter, In the previous quarter company realized $0.00 per share.

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In December growth in Consumer Prices moderates

CPI contunued to grow in December but on the smaller pace than in two previous months, led by increase in gasoline prices.

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Economy gains 225,000 jobs, but the unemployment rate climbs to 3.6 %

The nonfarm payrolls grew 225,000 in January, as faster hiring puts more money in the hands of consumers, what usually leads to an increase in spending,

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In December PPI returned to Growth

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Turn into Profitability, Revenue up in Double Digits

Magnachip Semiconductor Corp announced earnings per share of $0.68 and Sales of $229.68 millions in the forth quarter, Company's turn a round per share, versus $-0.07 eps, earned in the same quarter a year ago, although Magnachip Semiconductor Corp saw it's Sales rise by 11.48 % in the same period.

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Shentang International, Inc announced forth quarter operating deficit of $-1.418666 millions

In the forth quarter Shentang International, Inc increased losses of $-0.04 per share compare to $0.00 a year ago and from $0.00 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

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Turn into Profitability, Revenues Unchanged

For the forth quarter Orchid Island Capital, Inc turn a round at $0.29 per share, compare to results of $-0.52 per share a year ago quarter, In the previous quarter company realized $-0.14 per share.

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Calix, Inc announced forth quarter operating income of $1.494 millions

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Olympic Steel Inc announced forth quarter operating surplus of $1.015 millions

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Earnings down on soft Sales

Sales and earnings fell in sympathy in the first quarter, where income fell by -15.79 % to $0.16 per share and revenue by -14.85 % year on year. Revenue were at $4.66 millions compare to $5.47 millions in the same quarter a year ago.

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Other CRMD's Earnings Reports

Cormedix reported second quarter 2019 earnings

Cormedix reported forth quarter 2018 earnings

Cormedix reported forth quarter 2017 earnings

             
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