Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
Neovasc posts loss of $7.6 million in 1st quarter
Original Publication Date: April 28, 2016 8:55PM
Publication Updated: April 28, 2025 12:09PM
RICHMOND, British Columbia (AP) _ Neovasc Inc. (NVCN) on Friday reported a loss of $7.6 million in its first quarter.
On a per-share basis, the Richmond, British Columbia-based company said it had a loss of 16 cents. Losses, adjusted for non-recurring costs, came to 10 cents per share.
The medical device company posted revenue of $2 million in the period.
The company’s shares closed at $3.25. A year ago, they were trading at $8.60.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVCN at http://www.zacks.com/ap/NVCN
_____
Keywords: Neovasc, Earnings Report
News from © The Associated Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
Join the Conversation!
Want to share your thoughts, add context, or connect with others in your community?
You must be logged in to post a comment.
