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Glaukos: Q1 Earnings Snapshot

ALISO VIEJO, Calif. (AP) — ALISO VIEJO, Calif. (AP) — Glaukos Corp. (GKOS) on Wednesday reported a loss of $19.8 million in its first quarter.

On a per-share basis, the Aliso Viejo, California-based company said it had a loss of 34 cents. Losses, adjusted for non-recurring costs, were 18 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 30 cents per share.

The glaucoma treatments developer posted revenue of $150.6 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $136.9 million.

Glaukos expects full-year revenue in the range of $620 million to $635 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

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