Latest News by Industry
BILLERICA, Mass. (AP) — BILLERICA, Mass. (AP) — ConforMIS Inc. (CFMS) on Wednesday reported a loss of $3.7 million in its fourth quarter.
On a per-share basis, the Billerica, Massachusetts-based company said it had a loss of 51 cents.
The medical technology company posted revenue of $17.4 million in the period.
For the year, the company reported that its loss widened to $50.5 million, or $6.99 per share. Revenue was reported as $62.1 million.
In the final minutes of trading on Wednesday, the company's shares hit $1.72. A year ago, they were trading at $16.45.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a CFMS">Zacks stock report on CFMS at https://www.zacks.com/ap/CFMS