Invuity, Inc. Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended Dec. 31, 2016; Provides Revenue Guidance for the Year 2017
For the year, the company reported revenue of $32,461,000 compared to $21,031,000 a year ago. Loss from operations was $38,680,000 compared to $35,207,000 a year ago. Net loss was $40,609,000 or $2.73 per basic and diluted share compared to $37,570,000 or $4.94 per basic and diluted share a year ago.
For the year 2017, the company expects its revenue guidance for 2017 in the range of $42 million to $44 million.