Natus Medical: 4Q Earnings Snapshot

Natus Medical: 4Q Earnings Snapshot

PLEASANTON, Calif. (AP) _ Natus Medical Inc. (BABY) on Wednesday reported a loss of $11.6 million in its fourth quarter.

The Pleasanton, California-based company said it had a loss of 35 cents per share. Earnings, adjusted for one-time gains and costs, were 43 cents per share.

The maker of medical device for newborn care posted revenue of $141 million in the period.

For the year, the company reported that its loss widened to $22.9 million, or 69 cents per share. Revenue was reported as $530.9 million.

For the current quarter ending in April, Natus Medical expects its per-share earnings to range from 1 cent to 8 cents.

The company said it expects revenue in the range of $111 million to $115 million for the fiscal first quarter.

Natus Medical expects full-year earnings in the range of $1.12 to $1.49 per share, with revenue ranging from $490 million to $510 million.

Natus Medical shares have dropped 12 percent since the beginning of the year. The stock has decreased roughly 2 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BABY at https://www.zacks.com/ap/BABY

Advertisement