2023-03-14 07:09:16 ET
- AxoGen press release ( NASDAQ: AXGN ): Q4 Non-GAAP EPS of -$0.03 beats by $0.08 .
- Revenue of $36.2M (+14.8% Y/Y) in-line.
- 2023Guidance:
- Management expects full-year 2023 revenue to be in the range of $154 million to $159 million vs consensus of $158.44M. The company anticipates gross margin will be reduced in the first half of the year with the transition to the company’s new processing facility and expects gross margins will return to approximately 80% by the fourth quarter of 2023.
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AxoGen Non-GAAP EPS of -$0.03 beats by $0.08, revenue of $36.2M in-line