MiMedx: Q2 Earnings Snapshot
MARIETTA, Ga. (AP) _ MiMedx Group Inc. (MDXG) on Tuesday reported a loss of $12.5 million in its second quarter.
The Marietta, Georgia-based company said it had a loss of 11 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.
The developer of biomaterials made from sterilized human amniotic membrane posted revenue of $66.9 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $65.1 million.