Alvotech swings to USD 65.79 million loss for six months ended June 30, 2026; revenue falls 31% to USD 211.64 million
Bitget2026/09/29 15:17- Alvotech posted a loss for the six months ended June 30, 2026 of USD 65.79 million, swinging from profit.
- Basic loss per share was USD 0.22, turning from basic profit per share.
- Revenue fell 31% to USD 211.64 million, with product and service revenue down 48% to USD 105.94 million.
- Operating result turned to a loss of USD 2.03 million, while finance income dropped to USD 17 million.
- Company cited lower non-cash gains from fair value adjustments on derivative liabilities versus the prior-year period.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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