TearLab (TEAR) Reports In-Line Q2 EPS

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TearLab Corporation Reports Second Quarter and June Year-To-Date 2016 Financial Results

August 3, 2016 4:01 PM EDT

SAN DIEGO, Aug. 03, 2016 (GLOBE NEWSWIRE) -- TearLab Corporation (NASDAQ: TEAR) (TSX: TLB) (TearLab or the Company) today reported its consolidated financial results for the second quarter and six months ended June 30, 2016. All dollar amounts are expressed in U.S. currency and results are reported in accordance with United States generally accepted accounting principles except where noted otherwise.

Q2 Highlights

Year-to-date revenue grew 16% compared to the same period in 2015Cash burn of $2.6 million declined $4 million from the first quarter of... More