ANDOVER, Mass. (AP) — ANDOVER, Mass. (AP) — TransMedics Group Inc. (TMDX) on Wednesday reported a loss of $6.7 million in its fourth quarter.
The Andover, Massachusetts-based company said it had a loss of 21 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share.
The medical technology company posted revenue of $31.4 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $24.4 million.
For the year, the company reported a loss of $36.2 million, or $1.23 per share. Revenue was reported as $93.5 million.
TransMedics expects full-year revenue in the range of $138 million to $145 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a TMDX">Zacks stock report on TMDX at https://www.zacks.com/ap/TMDX