Glaukos: Q2 Earnings Snapshot

Associated Press Finance
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ALISO VIEJO, Calif. (AP) — ALISO VIEJO, Calif. (AP) — Glaukos Corp. (GKOS) on Wednesday reported a loss of $53.9 million in its second quarter.

The Aliso Viejo, California-based company said it had a loss of $1.06 per share. Losses, adjusted for non-recurring costs, came to 52 cents per share.

The results met Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for a loss of 52 cents per share.

The glaucoma treatments developer posted revenue of $95.7 million in the period, surpassing Street forecasts. Nine analysts surveyed by Zacks expected $88.4 million.

Glaukos expects full-year revenue in the range of $370 million to $376 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 GKOS at https://www.zacks.com/ap/GKOS