Tearlab (TEAR) Tops Q2 EPS by 1c

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TearLab Corporation Reports Q2-15 Financial Results

August 6, 2015 4:02 PM EDT

SAN DIEGO, Aug. 6, 2015 (GLOBE NEWSWIRE) -- TearLab Corporation (NASDAQ: TEAR) (TSX: TLB) ("TearLab" or the "Company") today reported its consolidated financial results for the second quarter ended June 30, 2015. All dollar amounts are expressed in U.S. currency and results are reported in accordance with United States generally accepted accounting principles.

For the three months ended June 30, 2015, TearLab's net revenues were $6.3 million, up 27% from $5.0 million for the same period in 2014.  A total of 394 orders for TearLab systems were booked in the second quarter, of which 303 were... More