Endologix Reports Fourth Quarter and Fiscal Year 2018 Financial Results

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Endologix (ELGX) PT Lowered to $1.50 at RBC Capital

February 26, 2019 6:28 AM EST

RBC Capital analyst Glenn Novarro lowered the price target on Endologix (NASDAQ: ELGX) to $1.50 (from $2.00) while maintaining a Sector Perform rating.

The analyst notes 4Q18 revenues and 2019 guidance in line with preannouncement.

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Endologix (ELGX) Posts Q4 Loss of $0.26/Share; Reaffirms FY19 Revenue Forecast

February 25, 2019 4:29 PM EST

Endologix (NASDAQ: ELGX) reported Q4 GAAP EPS of ($0.26), which may not compare to the analyst estimate of ($0.20). Revenue for the quarter came in at $34.7 million versus the consensus estimate of $31.99 million.

Our performance in the fourth quarter and second half of the year reinforces confidence in our strategic planning process and our ability to implement... More