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.
The Associated Press