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AxoGen reports 4Q loss

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