Asensus Surgical: Q4 Earnings Snapshot

February 28, 2022 GMT

DURHAM, N.C. (AP) _ Asensus Surgical, Inc. (ASXC) on Monday reported a loss of $15.9 million in its fourth quarter.

The Durham, North Carolina-based company said it had a loss of 7 cents per share.

The maker of surgical robots and medical instruments posted revenue of $2.5 million in the period.

For the year, the company reported that its loss widened to $62.5 million, or 28 cents per share. Revenue was reported as $8.2 million.

In the final minutes of trading on Monday, the company’s shares hit 77 cents. A year ago, they were trading at $3.72.


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