Endologix Reports Results for the Third Quarter 2016
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Leerink Partners Cuts Price Target on Endologix (ELGX) Following In-Line 3Q
November 2, 2016 7:34 AM EDTLeerink Partners maintained a Market Perform rating on Endologix (NASDAQ: ELGX), and cut the price target to $11.00 (from $13.00), following the company's 3Q earnings report. Revenues of $52.1MM was above the Street's $51.9MM as OUS sales came in slightly above expectations. EPS reported a loss of ($0.11), beating... More
Endologix (ELGX) Misses Q3 EPS by 3c
November 1, 2016 4:43 PM EDTEndologix (NASDAQ: ELGX) reported Q3 EPS of ($0.18), $0.03 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $52.1 million versus the consensus estimate of $51.83 million.
GUIDANCE:
Endologix sees FY2016 revenue of $198-201 million, versus the consensus of $202... More
