TriVascular Technologies (TRIV) Reports In-Line Q2 EPS

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TriVascular Technologies, Inc. Reports Second Quarter Financial Results

August 4, 2015 4:02 PM EDT

SANTA ROSA, Calif., Aug. 4, 2015 (GLOBE NEWSWIRE) -- TriVascular Technologies, Inc. (NASDAQ: TRIV), manufacturer of the Ovation Prime® Abdominal Stent Graft System, today reported financial results for the second quarter ended June 30, 2015.

Recent Accomplishments:

Second quarter revenue of $9.7 million, up 24.8% over the second quarter of 2014 as reported, and 29.7% on a constant currency basis    Second quarter gross margin of 61.4%, an increase from 55.6% in the second quarter of 2014    Enrollment completed in FDA PMA post approval study; LIFE study enrollment exceeds 100 patients    FDA approval received for Ovation iX Abdominal Stent... More