Treace Medical Concepts: Q4 Earnings Snapshot

Associated Press Finance
1 min read
0
In this article:

PONTE VEDRA, Fla. (AP) — PONTE VEDRA, Fla. (AP) — Treace Medical Concepts Inc. (TMCI) on Tuesday reported a loss of $6.3 million in its fourth quarter.

The Ponte Vedra, Florida-based company said it had a loss of 10 cents per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.

The orthopedic medical device maker posted revenue of $62.2 million in the period.

For the year, the company reported a loss of $49.5 million, or 81 cents per share. Revenue was reported as $187.1 million.

Treace Medical Concepts expects full-year revenue in the range of $220 million to $225 million.

_____

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

Advertisement

Recommended Stories