April 16, 2018 / 5:37 AM / in 7 months

BRIEF-Adocia Had Cash And Cash Equivalents Of EUR 27.6 Million On March 31

April 16 (Reuters) - ADOCIA SA:

* ADOCIA ANNOUNCES FIRST QUARTER 2018 FINANCIAL RESULTS: CASH POSITION AND REVENUE

* ON MARCH 31, 2018, CASH AND CASH EQUIVALENTS AMOUNTED TO 27.6 EUR MILLION

* NO REVENUE WAS RECORDED FOR Q1 OF 2018

* TOTAL OPERATING CASH FLOW FOR Q1 2018 AMOUNTED TO EUR 7.2 MILLION

* COMPANY EXPECTS IN THE COMING MONTHS TO RECEIVE A RESEARCH TAX CREDIT FOR 2017 EXPENSES AMOUNTING TO EUR 7.5 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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