BioForm Medical, Inc. (BFRM) reported first quarter net loss of $559 thousand, or $0.01 per share, compared to net loss of $7.8 million or $0.17 per share last year.
Net sales grew to $18.27 million from $15.67 million in the same quarter last year.
On average, 3 analysts polled by Thomson Reuters expected the company to report loss of $0.07 per share, on revenues of $15.59 million. Analysts' estimates typically exclude special items.
BioForm Medical is updating its financial guidance for the full fiscal year 2010. Revenues are now expected to be approximately $70-74 million, compared to $64-70 million provided earlier. Net loss is now expected to be less than $6 million.
Analysts expect loss of $0.21 per share, on revenues of $67.06 million.
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