AxoGen (AXGN) Tops Q3 EPS by 4c
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Axogen, Inc. Reports 2019 Third Quarter Financial Results
November 6, 2019 4:05 PM ESTALACHUA, Fla., Nov. 06, 2019 (GLOBE NEWSWIRE) -- Axogen, Inc. (NASDAQ: AXGN), a global leader in developing and marketing innovative surgical solutions for damage or transection to peripheral nerves, today reported financial results and business highlights for the third quarter ended September 30, 2019.
Third Quarter 2019 Financial Results:
Net sales were $28.6 million during the quarter, an increase of 26.1% compared to third quarter 2018 revenue of $22.7 million.Gross margin was 84.2% for the quarter, compared to 84.7% in the third quarter of 2018.Net loss for the quarter was $5.6 million, or... More