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Glaukos: Q4 Earnings Snapshot
By AP News - Feb 20, 2025, 05:52 PM ET
Last Updated - Feb 20, 2025, 05:52 PM EST
ALISO VIEJO, Calif. (AP) — ALISO VIEJO, Calif. (AP) — Glaukos Corp. (GKOS) on Thursday reported a loss of $33.6 million in its fourth quarter.
The Aliso Viejo, California-based company said it had a loss of 60 cents per share. Losses, adjusted for non-recurring costs, came to 40 cents per share.
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The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 43 cents per share.
The glaucoma treatments developer posted revenue of $105.5 million in the period, also beating Street forecasts. Nine analysts surveyed by Zacks expected $100.8 million.
For the year, the company reported a loss of $146.4 million, or $2.77 per share. Revenue was reported as $383.5 million.
Glaukos expects full-year revenue in the range of $475 million to $485 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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