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Transparent Traders
(Total Views: 1000)
Posted On: 05/11/2018 8:27:41 AM
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Posted By: jonny_red32
#NVCN Neovasc: 1Q Earnings Snapshot

RICHMOND, British Columbia (AP) _ Neovasc Inc. (NVCN) on Thursday reported a loss of $55.9 million in its first quarter.

On a per-share basis, the Richmond, British Columbia-based company said it had a loss of 38 cents. Losses, adjusted for amortization costs and non-recurring costs, came to 11 cents per share.

The medical device company posted revenue of $339,900 in the period. Its adjusted revenue was $340,000.

The company's shares closed at 5 cents. A year ago, they were trading at $1.65.

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