Glaukos posts $1 million quarterly income

Glaukos reported a fourth quarter net income of $1 million, or $0.03 per share, compared with a net income of $0.1 million, or $0 per share, in 2016’s final quarter, according to a press release.
For the full year, the company posted a net loss of $0.1 million, or $0 per share, compared with a net income of $4.5 million, or $0.12 per share, in 2016.
Net sales increased in the fourth quarter by 26% to $41.7 million compared with $33.2 million in 2016’s fourth quarter. Net sales for the (Read more...)

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