MARIETTA, Ga. (AP) — MARIETTA, Ga. (AP) — MiMedx Group Inc. (MDXG) on Monday reported third-quarter earnings of $6.8 million.
On a per-share basis, the Marietta, Georgia-based company said it had net income of 6 cents. Earnings, adjusted for one-time items, were 5 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.
The developer of biomaterials made from sterilized human amniotic membrane posted revenue of $81.7 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $76.7 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDXG at https://www.zacks.com/ap/MDXG