Advertisement

EXETER, N.H. (AP) _ Vapotherm Inc. (VAPO) on Wednesday reported a loss of $12.4 million in its third quarter.

On a per-share basis, the Exeter, New Hampshire-based company said it had a loss of 49 cents.

The medical technology company posted revenue of $30.6 million in the period.

For the current quarter ending in December, Vapotherm said it expects revenue in the range of $18 million to $20 million.

The company expects full-year revenue in the range of $102.8 million to $104.8 million.

Vapotherm shares have more than doubled since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $31.80, more than doubling in the last 12 months.

_____

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

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting.

What to Read Next