Invuity, Inc. Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended Dec. 31, 2015
For the quarter, the company reported revenue of $21,031,000 compared to $13,103,000 a year ago driven by both organic growth in existing accounts and the addition of new accounts. Loss from operations was $35,207,000 compared to $19,751,000 a year ago. Net loss was $37,570,000 or $4.94 per basic and diluted share compared to $20,662,000 or $31.63 per basic and diluted share a year ago.