Neovasc Announces Third Quarter 2018 Financial Results

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Neovasc (NVCN) Reports Q3 Loss of $0.70, Revenues Miss

November 14, 2018 4:01 PM EST

Neovasc (NASDAQ: NVCN) reported Q3 EPS of ($0.70), versus ($0.05) reported last year. Revenue for the quarter came in at $480 thousand versus the consensus estimate of $1.16 million.

"In the first nine months of 2018, we successfully managed several critical corporate events and achieved many significant therapy development milestones for both of our product platforms. As a result, the Company is now on a stronger foundation from which to continue advancing our product development, clinical and commercial programs for the Reducer and Tiara," said Fred... More