DURHAM, N.C. (AP) — DURHAM, N.C. (AP) — Bioventus Inc. (BVS) on Tuesday reported a loss of $156,000 in its fourth quarter.
The Durham, North Carolina-based company said it had a loss of less than 1 cent on a per-share basis. Earnings, adjusted for non-recurring costs, came to 15 cents per share.
The company posted revenue of $153.6 million in the period.
For the year, the company reported that its loss narrowed to $33.5 million, or 52 cents per share. Revenue was reported as $573.3 million.
Bioventus expects full-year earnings in the range of 64 cents to 68 cents per share, with revenue in the range of $560 million to $570 million.
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