Invuity, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2017; Revises Earnings Guidance for 2017
For the six months, the company reported revenue of $18,791,000 against $14,627,000 a year ago. Loss from operations was $20,219,000 against $21,260,000 a year ago. Net loss and comprehensive loss was $23,604,000 against $22,239,000 a year ago. Basic and diluted net loss per common share was $1.39 against $1.66 a year ago.
The company is adjusting its revenue guidance for 2017 to $40 million to $42 million from its previous revenue guidance of $42 million to $44 million.