Corindus Vascular: 4Q Earnings Snapshot
Corindus Vascular: 4Q Earnings Snapshot
WALTHAM, Mass. (AP) _ Corindus Vascular Robotics Inc. (CVRS) on Tuesday reported a loss of $7.4 million in its fourth quarter.
The Waltham, Massachusetts-based company said it had a loss of 4 cents per share.
The vascular robotic-assisted systems developer posted revenue of $4.7 million in the period.
For the year, the company reported that its loss widened to $35 million, or 22 cents per share. Revenue was reported as $10.8 million.
In the final minutes of trading on Tuesday, the company's shares hit $1.44. A year ago, they were trading at $1.36.
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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 CVRS at https://www.zacks.com/ap/CVRS