Axonics® Reports First Quarter 2020 Results

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Go back to Axonics® Reports First Quarter 2020 Results

Axonics Modulation Technologies Inc. (AXNX) Tops Q1 EPS by 18c

May 5, 2020 4:41 PM EDT

Axonics Modulation Technologies Inc. (NASDAQ: AXNX) reported Q1 EPS of ($0.43), $0.18 better than the analyst estimate of ($0.61). Revenue for the quarter came in at $26.3 million versus the consensus estimate of $15.16 million.

Raymond W. Cohen, CEO of Axonics, commented, We are quite proud of this quarters exceptional revenue result considering we had only been in the market for two months prior to the start of 2020. Moreover,... More