NASHUA, N.H. (AP) _ Icad inc. (ICAD) on Thursday reported a loss of $3.3 million in its fourth quarter.
The Nashua, New Hampshire-based company said it had a loss of 17 cents per share. Losses, adjusted for non-recurring costs and severance costs, came to 10 cents per share.
The imaging and early cancer detection company posted revenue of $9.4 million in the period.
For the year, the company reported that its loss widened to $13.6 million, or 74 cents per share. Revenue was reported as $31.3 million.
Icad shares have increased 40% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $10.91, a rise of 98% in the last 12 months.