Kamada Raises 2026 Outlook as Third-Quarter Revenue Climbs 11%

Kamada Ltd. (NASDAQ: KMDA) raised its 2026 revenue and adjusted EBITDA forecasts after third-quarter revenue rose 11% year over year, as net income and gross margin also increased. Revenue for the three months ended Sept. 30 reached $52 million, up from $47 million a year earlier. Net income rose 51% to $8 million, or $0.14 per diluted share, from $5.3 million, or $0.09 per share. Gross profit increased to $23.3 million from $19.8 million, while gross margin climbed to 45% from 42%. Higher margins on proprietary products, reflecting product and market mix, lifted gross margin. Adjusted EBITDA, a non-IFRS earnings measure, rose 30% to $15.2 million. Adjusted EBITDA is a non-IFRS measure and should not be treated as a substitute for IFRS results.

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