AxoGen: Q1 Earnings Snapshot
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ALACHUA, Fla. (AP) — ALACHUA, Fla. (AP) — AxoGen Inc. (AXGN) on Tuesday reported a loss of $7.1 million in its first quarter.
On a per-share basis, the Alachua, Florida-based company said it had a loss of 17 cents. Losses, adjusted for stock option expense, were 10 cents per share.
The regenerative medicine company posted revenue of $36.7 million in the period.
AxoGen expects full-year revenue in the range of $154 million to $159 million.
AxoGen shares have dropped 3% since the beginning of the year. The stock has increased 7% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AXGN at https://www.zacks.com/ap/AXGN
