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Misonix: Fiscal 1Q Earnings Snapshot

·1 min read

FARMINGDALE, N.Y. (AP) _ Misonix Inc. (MSON) on Thursday reported a fiscal first-quarter loss of $5 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Farmingdale, New York-based company said it had a loss of 29 cents.

The maker of minimally invasive ultrasonic surgical devices for spine surgery posted revenue of $17.7 million in the period.

Misonix shares have decreased 37% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.80, a drop of 31% 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 MSON at https://www.zacks.com/ap/MSON