PLANO, Texas (AP) _ Nuvectra Corp. (NVTR) on Wednesday reported a loss of $14.8 million in its first quarter.
The Plano, Texas-based company said it had a loss of 83 cents per share.
The medical device company posted revenue of $11.1 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $12.8 million.
Nuvectra shares have decreased 43% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $9.39, a drop of 29% 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 NVTR at https://www.zacks.com/ap/NVTR