DURHAM, N.C. (AP) — DURHAM, N.C. (AP) — Bioventus Inc. (BVS) on Tuesday reported a loss of $156,000 in its fourth quarter.
The Durham, North Carolina-based company said it had a loss of less than 1 cent on a per-share basis. Earnings, adjusted for non-recurring costs, came to 15 cents per share.
The company posted revenue of $153.6 million in the period.
For the year, the company reported that its loss narrowed to $33.5 million, or 52 cents per share. Revenue was reported as $573.3 million.
Bioventus expects full-year earnings in the range of 64 cents to 68 cents per share, with revenue in the range of $560 million to $570 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BVS at https://www.zacks.com/ap/BVS
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.