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Invuity Announces Fourth Quarter and Full Year 2017 Financial Results
Feb. 14, 2018 09:32AM PST
Medical Device InvestingInvuity (NASDAQ:IVTY), a leading medical technology company focused on minimal access surgery, announces financial results for the three months and year ended December 31, 2017. As quoted in the press release: Fourth quarter 2017 revenue grew 20% to $11.2 million compared to revenue of $9.4 million in the fourth quarter of 2016. Full year 2017 revenue …
Invuity (NASDAQ:IVTY), a leading medical technology company focused on minimal access surgery, announces financial results for the three months and year ended December 31, 2017.
As quoted in the press release:
- Fourth quarter 2017 revenue grew 20% to $11.2 million compared to revenue of $9.4 million in the fourth quarter of 2016.
- Full year 2017 revenue grew 22% to $39.6 million compared to revenue of $32.5 million in 2016.
- Disposable revenue in the fourth quarter of 2017 grew 30% to $9.5 million compared to $7.3 million in the fourth quarter of 2016.
- Disposable revenue in the full year 2017 grew 32% to $32.3 million compared to revenue of $24.5 million in 2016.
- PhotonBlade® revenue, which is a component of disposable revenue, was $1.3 million in the fourth quarter.
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