TriVascular Technologies (TRIV) Misses Q4 EPS by 7c

Go back to TriVascular Technologies (TRIV) Misses Q4 EPS by 7c

TriVascular Technologies, Inc. Reports Fourth Quarter and Full Year 2014 Financial Results

March 3, 2015 4:01 PM EST

SANTA ROSA, Calif., March 3, 2015 (GLOBE NEWSWIRE) -- TriVascular Technologies, Inc. (Nasdaq: TRIV), manufacturer of the Ovation Prime® Abdominal Stent Graft System, today reported financial results for the fourth quarter and year ended December 31, 2014.

Recent Accomplishments:

Fourth quarter revenue of $9.1 million, up 45.8% over the fourth quarter of 2013; Full year revenue of $31.8 million, growth of 63% compared to 2013   Fourth quarter gross margin of 63.5%, an increase from 52.3% in the fourth quarter of 2013   Received FDA and CE Mark approval of Ovation iX Iliac Limbs; commercial launch planned for the second half of 2015... More