Spectranetics (SPNC) Misses Q2 EPS by 7c
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Spectranetics Reports Second Quarter 2016 Revenue of $67.7 million
July 28, 2016 4:02 PM EDTCOLORADO SPRINGS, Colo., July 28, 2016 (GLOBE NEWSWIRE) -- The Spectranetics Corporation (NASDAQ: SPNC) today reported financial results for the three months ended June 30, 2016. Highlights of the quarter, all compared with the three months ended June 30, 2015, include:
Revenue of $67.7 million increased 10% (both as reported and constant currency1)Vascular Intervention revenue of $46.2 million increased 14% (13% constant currency)Lead Management revenue of $17.8 million increased 3% (both as reported and constant currency)Net loss for the three months ended June 30, 2016 was $14.9 million, or $0.35 per share, compared with net loss of $7.2 million, or $0.17 per... More
