Insulet Corp. (PODD) posted fourth-quarter net loss of $14.9 million or $0.42 per share, narrower than $29.2 million or $1.05 per share in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.47 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter increased by 70% to $20.2 million from $11.9 million in the prior year period. Analysts expected revenues of $20.05 million for the quarter.
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