TriVascular Technologies (TRIV) Tops Q3 EPS by 5c

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TriVascular Technologies, Inc. Reports Third Quarter Financial Results

November 9, 2015 4:01 PM EST

SANTA ROSA, Calif., Nov. 9, 2015 (GLOBE NEWSWIRE) -- TriVascular Technologies, Inc. (NASDAQ: TRIV), manufacturer of the Ovation® Abdominal Stent Graft platform, today reported financial results for the third quarter ended September 30, 2015.

Recent Accomplishments:

Third quarter revenue of $9.5 million, up 20.0% over the third quarter of 2014 as reported, and 23.4% on a constant currency basis Third quarter gross margin of 63.5%, an increase from 57.2% in the third quarter of 2014 4-year Ovation Clinical data presented at the November VIVA conference Interim LIFE Study data highlighting clinical & economic benefits of Ovation platform... More