TearLab posts quarterly loss

TearLab Corp. reported a net loss of $0.7 million, or $0.06 per share, in 2018’s second quarter, compared to a net loss of $3.9 million, or $0.68 per share, in the second quarter of the previous year.
Net revenues for the company were $6.4 million in the quarter, compared to $7 million in 2017’s second quarter.
General and administrative costs decreased from $2.3 million in 2017 to $1.34 million this year, while total operating expenses decreased from $6.7 million to $3.3 million.
As of June 30, 2018, the company had (Read more...)

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