Kromek Group (KMK) Issues Quarterly Earnings Results

Kromek Group (LON:KMK) issued its quarterly earnings results on Tuesday. The company reported GBX (0.40) (($0.01)) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The firm had revenue of £480 million for the quarter. Kromek Group had a negative net margin of 30.63% and a negative return on equity of 9.58%.

Shares of Kromek Group (KMK) opened at GBX 25.90 ($0.35) on Thursday. Kromek Group has a 1-year low of GBX 18.67 ($0.25) and a 1-year high of GBX 34.90 ($0.47).

In related news, insider Derek Bulmer purchased 36,066 shares of Kromek Group stock in a transaction on Monday, October 9th. The stock was bought at an average price of GBX 24 ($0.32) per share, with a total value of £8,655.84 ($11,649.85). Also, insider Lawrence Henry Neil Kinet purchased 50,000 shares of Kromek Group stock in a transaction on Wednesday, October 4th. The stock was bought at an average cost of GBX 24 ($0.32) per share, with a total value of £12,000 ($16,150.74).

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About Kromek Group

Kromek Group plc is a radiation detection technology company. The Company develops radiation detectors based on cadmium zinc telluride. The Company’s segments are UK Operations and US Operations. The Company designs, develops and produces x-ray and gamma ray imaging and radiation detection products for the medical, security screening and nuclear markets.

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