Glaukos posted a net loss of $2.7 million, or $0.08 per diluted share, in the first quarter of 2018 compared with a net income of $0.9 million, or $0.02 per diluted share, in 2017’s first quarter.
Net sales grew 12% from $35.9 million in 2017’s first quarter to $40.1 million in the current year, according to a press release.
Operating expenses increased from $30.4 million to $38.1 million, a 25% jump. This was attributed to domestic sales growth, marketing and administrative expenses, expansion of global direct sales infrastructure, and higher (Read more...)
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