Search This Blog

Monday, January 11, 2021

Atricure prelims disappoint

 AtriCure, Inc. (Nasdaq: ATRC), a leading innovator in treatments for atrial fibrillation (Afib) and left atrial appendage (LAA) management, announced preliminary financial results for the fourth quarter and full year 2020.

Preliminary, unaudited revenue for fourth quarter 2020 is expected to be approximately $57.7 million, reflecting a decrease of approximately 6% over the fourth quarter of 2019 (-7% on a constant currency basis). Preliminary revenue for full year 2020 is expected to be $206.5 million, reflecting a decline of approximately 11% over full year 2019 (-11% on a constant currency basis). Fourth quarter and full year 2020 revenue was impacted by the global decline in surgical procedures as a result of the COVID-19 pandemic.

https://www.businesswire.com/news/home/20210111005139/en/AtriCure-Reports-Preliminary-Results-for-Fourth-Quarter-and-Full-Year-2020

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.