EnteroMedics (ETRM) Reports Q2 Loss of $0.49/Share

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EnteroMedics Reports Second Quarter 2016 Financial Results

August 4, 2016 7:01 AM EDT

ST. PAUL, Minn., Aug. 4, 2016 /PRNewswire/ -- EnteroMedics Inc. (NASDAQ: ETRM), the developer of medical devices using neuroblocking technology to treat obesity, metabolic diseases and other gastrointestinal disorders, today announced financial results for the three months ended June 30, 2016.

"EnteroMedics continues to build momentum into the second half of the year, with a four-fold increase in vBloc procedures seen in the second quarter over the first quarter, all while maintaining lower-than-forecasted expenses," said Dan Gladney, Chief Executive Officer of EnteroMedics. "We... More