Earnings News
FONT-SIZE Plus   Neg
Share SHARE

Bacterin Int'l Holdings Q4 Loss Narrows; Stock Down 11 Percent

RELATED NEWS
Trade BONE now with 

Biologics products developer Bacterin International Holdings, Inc. (BONE: Quote) reported a fourth-quarter net loss of $4.3 million or $0.11 per share, narrower than last year's net loss of $6.7 million or $0.18 per share.

On average, 5 analysts polled by Thomson Reuters expected the company to report a loss of $0.03 per share for the quarter. Analysts' estimates typically exclude one-time items.

Total revenue for the quarter increased 72 percent to $9.1 million from $5.3 million last year. Analysts expected revenue of $9.5 million.

The company attributed the increase in revenue primarily to its continued market penetration, driven by unique product benefits for both the patient and medical care provider, combined with the continued expansion of its direct sales force.

Click here to receive FREE breaking news email alerts for Bacterin International Holdings and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.