2023-05-09 07:09:27 ET
- AxoGen press release ( NASDAQ: AXGN ): Q1 GAAP EPS of -$0.10 beats by $0.12 .
- Revenue of $36.7M (+18.4% Y/Y) beats by $1.24M .
- Management continues to expect full-year 2023 revenue to be in the range of $154 million to $159 million vs $156.44M consensus. The Company continues to anticipate that gross margin will be reduced with the transition to its new processing facility and expects gross margins will return to approximately 80% by the fourth quarter of 2023.
For further details see:
AxoGen GAAP EPS of -$0.10 beats by $0.12, revenue of $36.7M beats by $1.24M