TearLab (TEAR) Misses Q4 EPS by 72c
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TearLab Corporation Reports Fourth Quarter and Year End 2016 Financial Results
March 9, 2017 4:01 PM ESTSAN DIEGO, March 09, 2017 (GLOBE NEWSWIRE) -- TearLab Corporation (NASDAQ: TEAR) (TSX: TLB) (TearLab or the Company) today reported its consolidated financial results for the fourth quarter and twelve months ended December 31, 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.
Recent Highlights
Achieved full-year 2016 revenue of $28.0 million, an increase of 11% over $25.2 million in 2015Reduced loss from operations by 49% compared to 2015, from $31.5 million to $16.0... More