ALACHUA, Fla. (AP) _ AxoGen Inc. (AXGN) on Wednesday reported a loss of $5.6 million in its fourth quarter.
On a per-share basis, the Alachua, Florida-based company said it had a loss of 17 cents. Losses, adjusted for non-recurring costs, came to 10 cents per share.
The regenerative medicine company posted revenue of $11.4 million in the period.
For the year, the company reported that its loss widened to $14.4 million, or 47 cents per share. Revenue was reported as $41.1 million.
AxoGen shares have climbed 17 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.50, more than doubling in the last 12 months.
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
Keywords: AxoGen, Earnings Report