PRINCETON, N.J. (AP) — PRINCETON, N.J. (AP) — Integra LifeSciences Holdings Corp. (IART) on Monday reported a loss of $25.3 million in its first quarter.
The Princeton, New Jersey-based company said it had a loss of 33 cents per share. Earnings, adjusted for one-time gains and costs, came to 41 cents per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.
The medical device maker posted revenue of $382.7 million in the period, exceeding Street forecasts. Six analysts surveyed by Zacks expected $382.2 million.
For the current quarter ending in June, Integra expects its per-share earnings to range from 40 cents to 45 cents.
The company said it expects revenue in the range of $390 million to $400 million for the fiscal second quarter.
Integra expects full-year earnings in the range of $2.19 to $2.29 per share, with revenue ranging from $1.65 billion to $1.72 billion.
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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 IART at https://www.zacks.com/ap/IART
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