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Asensus Surgical: Q1 Earnings Snapshot

·1 min read

DURHAM, N.C. (AP) _ Asensus Surgical, Inc. (ASXC) on Tuesday reported a loss of $17.3 million in its first quarter.

On a per-share basis, the Durham, North Carolina-based company said it had a loss of 8 cents. Losses, adjusted for amortization costs and non-recurring costs, were 6 cents per share.

The maker of surgical robots and medical instruments posted revenue of $2.1 million in the period.

In the final minutes of trading on Tuesday, the company's shares hit $1.88. A year ago, they were trading at 44 cents.

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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 ASXC at https://www.zacks.com/ap/ASXC

The Associated Press

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