Sector_Reports

DBV Technologies Reports H1-20

NASDAQ:DBVT   DBV Technologies S.A.
DBV Technologies Reports H1-20
themarketsignal.com/Free-Report/DBVT
DBV TECHNOLOGIES ADR (NASDAQ:DBVT) is reflecting bullish signals with a RSI of 19.89. The clinical-stage biopharmaceutical company reported financial figures for the H1-20. DBVT reported €225.9 million cash and cash equivalents at the end of H1-20. This compares with €172.0 million in the previous half year ending December 31, 2019, reflecting €53.8 million increase.
The company used €79.4 million cash in operating activities, while €1.3 million was generated from investment activities. DBVT reported €7.6 million operating income in H1-20 as against €7.1 million in H1-19. This income generation is attributed to income recognized from Research Tax Credit of the Company.
During the first half of this year, the company reported €86.5 million net loss, as against €79.8 million in H1-19.

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