KENNESAW, Ga. (AP) — KENNESAW, Ga. (AP) — Artivion, Inc. (AORT) on Thursday reported first-quarter net income of $1.4 million, after reporting a loss in the same period a year earlier.
The Kennesaw, Georgia-based company said it had profit of 3 cents per share. Earnings, adjusted for one-time gains and costs, were 8 cents per share.
The biological medical device maker posted revenue of $116.3 million in the period.
Artivion expects full-year revenue in the range of $480 million to $496 million.
Artivion shares have fallen 22% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $35.42, an increase of 25% in the last 12 months.
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