ALACHUA, Fla. (AP) — ALACHUA, Fla. (AP) — AxoGen Inc. (AXGN) on Tuesday reported a loss of $3.9 million in its fourth quarter.

The Alachua, Florida-based company said it had a loss of 9 cents per share. Losses, adjusted for stock option expense, were 6 cents per share.

The regenerative medicine company posted revenue of $42.9 million in the period.

For the year, the company reported that its loss narrowed to $21.7 million, or 51 cents per share. Revenue was reported as $159 million.

AxoGen expects full-year revenue in the range of $177 million to $181 million.

AxoGen shares have climbed 55% since the beginning of the year. The stock has increased 29% in the last 12 months.

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