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Second Sight Medical Products posts 4Q loss

SYLMAR, Calif. (AP) _ Second Sight Medical Products Inc. (EYES) on Thursday reported a loss of $10.4 million in its fourth quarter.

The Sylmar, California-based company said it had a loss of 24 cents per share. Losses, adjusted for non-recurring costs and stock option expense, were 17 cents per share.

The maker of camera-based retinal implants posted revenue of $715,000 in the period.

For the year, the company reported that its loss widened to $33.2 million, or 84 cents per share. Revenue was reported as $4 million.

In the final minutes of trading on Thursday, the company's shares hit $1.55. A year ago, they were trading at $5.15.


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


Keywords: Second Sight Medical Products, Earnings Report