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Axonics: 4Q Earnings Snapshot

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.

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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 AXNX at https://www.zacks.com/ap/AXNX