Tearlab (TEAR) Misses Q4 EPS by 1c

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TearLab Reports Fourth Quarter and Full Year 2015 Financial Results

March 8, 2016 4:03 PM EST

SAN DIEGO, March 08, 2016 (GLOBE NEWSWIRE) -- TearLab Corporation (NASDAQ: TEAR) (TSX: TLB) (TearLab or the Company) today reported its consolidated financial results for the fourth quarter and full year ended December 31, 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 December 31, 2015, TearLabs net revenues were $6.8 million, up 28% from $5.3 million for the same period in 2014. A net total of 258 TearLab Osomarlity® Systems were added in the fourth quarter of... More