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AxoGen: Q1 Earnings Snapshot

AxoGen: Q1 Earnings Snapshot

By AP News
Published - May 09, 2023, 07:36 AM ET
Last Updated - Jun 21, 2023, 09:39 PM EDT

ALACHUA, Fla. (AP) — ALACHUA, Fla. (AP) — AxoGen Inc. (AXGN) on Tuesday reported a loss of $7.1 million in its first quarter.

On a per-share basis, the Alachua, Florida-based company said it had a loss of 17 cents. Losses, adjusted for stock option expense, were 10 cents per share.

The regenerative medicine company posted revenue of $36.7 million in the period.

AxoGen expects full-year revenue in the range of $154 million to $159 million.

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