SAN CLEMENTE, Calif. (AP) _ Glaukos Corp. (GKOS) on Wednesday reported first-quarter net income of $5.4 million, after reporting a loss in the same period a year earlier.

The San Clemente, California-based company said it had profit of 11 cents per share. Losses, adjusted for non-recurring gains, were 38 cents per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 52 cents per share.

The glaucoma treatments developer posted revenue of $67.7 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $60.8 million.

Glaukos expects full-year revenue in the range of $270 million to $275 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GKOS at https://www.zacks.com/ap/GKOS

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