The AVITA share price went around 3% today after the healthcare business gave its quarterly update.
For the three months to 31 March 2021, the business saw reported RECELL revenue of $8.8 million, a 126% increase over the same quarter last year.
Procedural volumes in the third quarter of 2021 was 492, up from 408 in the same period last year and 487 in the quarter ended 31 December 2020.
AVITA added six new burn centre accounts in the third quarter of 2021, for a total of 99 accounts. This brings its penetration rate to 73% of the 136 US burn centres.
Of the approximately 300 total US burn surgeons, 244 (81%) have been trained and certified with RECELL and 147 (almost 50%) used RECELL in the third quarter.
The Treasury Wine (ASX:TWE) share price lifts 4% on earnings update
Kerry Sun | May 13, 2021 11:06am |
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The Treasury Wine Estates Ltd(ASX: TWE) share price is higher after the company announced key financial updates in its investor day presentation.
What’s driving the Treasury Wine share price?
Treasury Wine’s investor day presentation includes a much needed financial update following China’s tariffs on Australian wine exports and the collapse of the
A2 Milk Company Ltd(ASX: A2M) share price on Monday.
Expected FY21 earnings before interest, tax and SGARA (the difference between the fair value of harvested grapes and the cost of harvested grapes) is reported to be in the range of $495 million to $515 million. These figures are ahead of current market consensus expectations, representing a growth of 33% in 2H21 compared to the prior corresponding period.
On Tuesday the
S&P/ASX 200 Index (ASX: XJO) was a very poor performer and sank lower. The benchmark index fell 1.05% to 7,097 points.
Will the market be able to bounce back from this on Wednesday? Here are five things to watch:
ASX 200 expected to fall
It looks set to be another difficult day of trade for the Australian share market on Wednesday. According to the latest SPI futures, the ASX 200 is expected to open the day 39 points or 0.55% lower this morning. This follows a poor night of trade on Wall Street which saw the Dow Jones fall 1.35%, the S&P 500 fall 0.9% and the Nasdaq drop 0.1%. The latter was down as much as 3.5% at one stage before rebounding.
A2 Milk (ASX:A2M) share price falls as China suspends dialogue
A2 Milk (ASX:A2M) share price falls as China suspends dialogue
The A2 Milk (ASX: A2M) share price has taken a hit in the market after China suspended all talks with Australia. Let’s take a look.
Marc is a Master of Journalism and Communications student at UNSW and journalist at The Motley Fool. He has a passion for journalism and news with a keen interest in business, the media, politics, foreign affairs, and how they intersect in everyday life.
Latest posts by Marc Sidarous (see all)
May 04, 2021
Treasury Wine Estates Ltd (TWE), one of the world’s largest wine companies, listed on the Australian Securities Exchange (ASX), announced today the company has entered a long-term distribution agreement with Republic National Distributing Company (RNDC).
The agreement will cover distribution in multiple markets, effective as early as July 1st, 2021 in California, with other states including Texas, Louisiana, Oklahoma, Kentucky, Mississippi, Utah, Wyoming, and Nebraska. Presently, RNDC distribute Treasury’s portfolio in Michigan, Georgia and New Mexico.
Ben Dollard, TWE Americas President states, “We are in a position of growth and our premium and luxury wines are out-pacing the market. Our innovation continues to be a highlight, specifically 19 Crimes and the Snoop Dogg collaboration, and the launch of the Penfolds California Collection are great recent achievements. With our divestiture of commercial wine brands, we decided to re- evaluate our business ne