Oxford (OXFD) Reports Q2 Loss of 36c, Offers Guidance

Oxford (NASDAQ: OXFD) reported Q2 EPS of ($0.36), $0.16 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $11.8 million versus the consensus estimate of $11.39 million.

Business Outlook

We expect to report revenue of between $12.4 and $12.9 million for the third quarter of 2014, and between $48 and $50 million for the full year of 2014. We expect that our gross margin will improve in the upcoming quarters and that operating expenses will increase as we continue to invest in the business.

For earnings history and earnings-related data on Oxford (OXFD) click here.

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