KENNESAW, Ga. (AP) — KENNESAW, Ga. (AP) — Artivion, Inc. (AORT) on Monday reported a first-quarter loss of $505,000, after reporting a profit in the same period a year earlier.
The Kennesaw, Georgia-based company said it had a loss of 1 cent per share. Earnings, adjusted for one-time gains and costs, came to 6 cents per share.
The biological medical device maker posted revenue of $99 million in the period.
Artivion expects full-year revenue in the range of $423 million to $435 million.
Artivion shares have fallen 17% since the beginning of the year. In the final minutes of trading on Monday, shares hit $23.77, a climb of 14% in the last 12 months.
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