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TearLab reports 4Q loss

SAN DIEGO (AP) _ TearLab Corp. (TEAR) on Thursday reported a loss of $4.3 million in its fourth quarter.

The San Diego-based company said it had a loss of 81 cents per share.

The ophthalmic device company posted revenue of $7.1 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $7.6 million.

For the year, the company reported that its loss narrowed to $19.9 million, or $4.29 per share. Revenue was reported as $28 million.

In the final minutes of trading on Thursday, the company's shares hit $4.71. A year ago, they were trading at $8.58.


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


Keywords: TearLab, Earnings Report