IRVINE, Calif. (AP) _ Axonics Modulation Technologies Inc. (AXNX) on Wednesday reported a loss of $22.8 million in its fourth quarter.
The Irvine, California-based company said it had a loss of 75 cents per share.
The medical technology company posted revenue of $9.9 million in the period.
For the year, the company reported that its loss widened to $79.9 million, or $2.80 per share. Revenue was reported as $13.8 million.
Axonics shares have climbed 36% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $37.74, a rise of 76% in the last 12 months.