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Glaukos: Q2 Earnings Snapshot
By AP News - Aug 01, 2024, 02:07 AM ET
Last Updated - Aug 01, 2024, 02:07 AM EDT
ALISO VIEJO, Calif. (AP) — ALISO VIEJO, Calif. (AP) — Glaukos Corp. (GKOS) on Wednesday reported a loss of $53.9 million in its second quarter.
The Aliso Viejo, California-based company said it had a loss of $1.06 per share. Losses, adjusted for non-recurring costs, came to 52 cents per share.
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The results met Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for a loss of 52 cents per share.
The glaucoma treatments developer posted revenue of $95.7 million in the period, surpassing Street forecasts. Nine analysts surveyed by Zacks expected $88.4 million.
Glaukos expects full-year revenue in the range of $370 million to $376 million.
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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 GKOS at https://www.zacks.com/ap/GKOS
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