TearLab posts third quarter loss

TearLab reported a net loss of $3.8 million, or $0.67 per share, in the third quarter of 2017 compared with a net loss of $4 million, or $0.75 per share, in last year’s third quarter.
Quarterly net revenues were down from $7.2 million in 2016 to $6.5 million in 2017, according to a press release.
Operating expenses were $5.8 million, a decrease from 2016’s third quarter operating expenses of $7 million.

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