KENNESAW, Ga. (AP) — KENNESAW, Ga. (AP) — Artivion, Inc. (AORT) on Monday reported a loss of $16.5 million in its fourth quarter.
The Kennesaw, Georgia-based company said it had a loss of 39 cents per share. Earnings, adjusted for one-time gains and costs, were less than 1 cent on a per-share basis.
The biological medical device maker posted revenue of $97.3 million in the period.
For the year, the company reported that its loss narrowed to $13.4 million, or 32 cents per share. Revenue was reported as $388.5 million.
Artivion expects full-year revenue in the range of $420 million to $435 million.
Artivion shares have dropped nearly 3% since the beginning of the year. In the final minutes of trading on Monday, shares hit $27.85, an increase of 41% in the last 12 months.
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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 AORT at https://www.zacks.com/ap/AORT
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