AxoGen (AXGN) Misses Q4 EPS by 1c

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Axogen, Inc. Reports Fourth Quarter and Full-Year 2019 Financial Results

February 24, 2020 4:02 PM EST

ALACHUA, Fla., Feb. 24, 2020 (GLOBE NEWSWIRE) -- Axogen, Inc. (NASDAQ: AXGN), a global leader in developing and marketing innovative surgical solutions for peripheral nerve injuries, today reported financial results and business highlights for the fourth quarter and full year ended December 31, 2019.

Fourth Quarter 2019 Financial Results and Business Highlights

Net sales were $28.1 million during the quarter, an increase of 20% compared to fourth quarter 2018 revenue of $23.4 million.Gross margin was 82.7% for the quarter, compared to 84.4% in the fourth quarter of... More