Cardiovascular Systems: Fiscal Q4 Earnings Snapshot – mySA

ST. PAUL, Minn. (AP) _ Cardiovascular Systems Inc. (CSII) on Tuesday reported a loss of $9.7 million in its fiscal fourth quarter.

On a per-share basis, the St. Paul, Minnesota-based company said it had a loss of 25 cents.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 22 cents per share.

The medical device developer posted revenue of $62.5 million in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $62.9 million.

For the year, the company reported that its loss widened to $36.9 million, or 94 cents per share. Revenue was reported as $236.2 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 CSII at https://www.zacks.com/ap/CSII

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