Tearlab (TEAR) Reports In-Line Q2 EPS

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TearLab Corporation Reports Q3-14 Financial Results

November 5, 2014 4:03 PM EST

SAN DIEGO, Nov. 5, 2014 (GLOBE NEWSWIRE) -- TearLab Corporation (Nasdaq: TEAR) (TSX: TLB) ("TearLab" or the "Company") today reported its consolidated financial results for the third quarter ended September 30, 2014. All dollar amounts are expressed in U.S. currency and results are reported in accordance with United States generally accepted accounting principles.

For the three months ended September 30, 2014, TearLab's net revenues were $5.2 million, up 24% from $4.2 million for the same period in 2013 and an increase of 5% sequentially from $5.0 million in the previous quarter. A net 118 TearLab® Osmolarity systems were... More