PONTE VEDRA, Fla. (AP) — PONTE VEDRA, Fla. (AP) — Treace Medical Concepts Inc. (TMCI) on Tuesday reported a loss of $6.3 million in its fourth quarter.
The Ponte Vedra, Florida-based company said it had a loss of 10 cents per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.
The orthopedic medical device maker posted revenue of $62.2 million in the period.
For the year, the company reported a loss of $49.5 million, or 81 cents per share. Revenue was reported as $187.1 million.
Treace Medical Concepts expects full-year revenue in the range of $220 million to $225 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 TMCI at https://www.zacks.com/ap/TMCI