Amedica (AMDA) Misses Q3 EPS by 9c

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Go back to Amedica (AMDA) Misses Q3 EPS by 9c

Amedica Corporation Reports Third Quarter 2015 Financial Results

November 12, 2015 4:15 PM EST

Year-to-Date Operational Cash Burn Levels Decreased by $4.4 million, or 38%, Year-over-Year

Company Expands Product Offerings and Enters New Market Segments

SALT LAKE CITY, Nov. 12, 2015 (GLOBE NEWSWIRE) -- Amedica Corporation (Nasdaq: AMDA), an innovative biomaterial company which develops and manufactures silicon nitride ceramics as a platform for biomedical applications, today announced financial results for the third quarter ended September 30, 2015.

Recent Company Highlights

Cash and cash equivalents totaled $11.3 million, and net cash used in operating activities during the quarter decreased by $1.3 million, or 43%, from... More