Tearlab (TEAR) Reports In-Line Q3 EPS; Jensen to Succeed Vamvakas as CEO

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Go back to Tearlab (TEAR) Reports In-Line Q3 EPS; Jensen to Succeed Vamvakas as CEO

TearLab Corporation Reports Q3-15 Financial Results

November 5, 2015 4:02 PM EST

SAN DIEGO, Nov. 5, 2015 (GLOBE NEWSWIRE) -- TearLab Corporation (NASDAQ: TEAR) (TSX: TLB) ("TearLab" or the "Company") today reported its consolidated financial results for the third quarter ended September 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 September 30, 2015, TearLab's net revenues were $6.6 million, up 27% from $5.2 million for the same period in 2014. A net total of 228 TearLab systems were added in the third quarter, of which 239 were under the... More