
Anika Therapeutics Q4 Swings to Adjusted Loss, Revenue Rises -- Shares Drop After Hours

Anika Therapeutics reported a Q4 adjusted loss late Wednesday of $0.03 per share, swinging from adjusted income of $0.07 a year earlier. Two analysts polled by FactSet expected a loss of $0.23. Revenue for the quarter ended Dec. 31 was $30.6 million, up from $30.2 million a year earlier. Two analysts surveyed by FactSet expected $29 million. The company's shares were down 6% in recent after-hours activity.
Anika Therapeutics reported a Q4 adjusted loss late Wednesday of $0.03 per share, swinging from adjusted income of $0.07 a year earlier.
Two analysts polled by FactSet expected a loss of $0.23.
Revenue for the quarter ended Dec. 31 was $30.6 million, up from $30.2 million a year earlier. Two analysts surveyed by FactSet expected $29 million.
The company's shares were down 6% in recent after-hours activity.
