Intersect ENT Reports Fourth Quarter and Full Year 2019 Results

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Intersect ENT (XENT) Tops Q4 EPS by 10c, Revenues Beat; Affirms FY20 Revenue Guidance Below Consensus

February 24, 2020 7:04 AM EST

Intersect ENT (NASDAQ: XENT) reported Q4 EPS of ($0.25), $0.10 better than the analyst estimate of ($0.35). Revenue for the quarter came in at $31.8 million versus the consensus estimate of $31.19 million.

Fourth Quarter 2019 Overview

Net Sales of $31.8 million a decrease of 3% from prior year.Gross Profit and Margin of $24.5 million and 77%, respectively.Operating Expenses of $33.1 million.

We are encouraged by... More