UPDATE: SunTrust Starts Axonics Modulation Technologies Inc. (AXNX) at Buy
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Axonics Modulation Technologies Inc. (AXNX) Reports Prelim. Q4 & FY19 Revenue Above Consensus
January 9, 2020 6:03 AM ESTAxonics Modulation Technologies, Inc. (NASDAQ: AXNX) today reported preliminary unaudited revenue of approximately $10 million for the fourth quarter of 2019 as compared to $0.5 million in the prior year period. For the full year ended December 31, 2019, unaudited revenue was approximately $14 million as compared to $0.7 million for all of 2018.
In the United States, revenue for the fourth quarter of 2019 was approximately $8.4 million following the launch of commercial sales of the Axonics r-SNM® System on... More
