Venus Concept: Q4 Earnings Snapshot
TORONTO (AP) _ Venus Concept Inc. (VERO) on Monday reported a loss of $14.7 million in its fourth quarter.
On a per-share basis, the Toronto-based company said it had a loss of 34 cents. Losses, adjusted to extinguish debt and for non-recurring costs, came to 22 cents per share.
The maker of hair transplant devices posted revenue of $25.8 million in the period.
For the year, the company reported that its loss widened to $81.7 million, or $2.33 per share. Revenue was reported as $78 million.
Venus Concept expects full-year revenue in the range of $98 million to $103 million.
In the final minutes of trading on Monday, the company's shares hit $2.25. A year ago, they were trading at $3.62.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VERO at https://www.zacks.com/ap/VERO