ST. PAUL, Minn. (AP) — ST. PAUL, Minn. (AP) — Cardiovascular Systems Inc. (CSII) on Wednesday reported a loss of $7.9 million in its fiscal second quarter.
On a per-share basis, the St. Paul, Minnesota-based company said it had a loss of 20 cents.
The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 15 cents per share.
The medical device developer posted revenue of $61.5 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $63.2 million.
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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