TearLab reports decrease in quarterly net loss

TearLab reported a net loss of $0.2 million, or $0.02 per share, in 2018’s third quarter compared with a net loss of $3.8 million, or $0.67 per share, in the third quarter of 2017, according to a press release.
Net revenues were down from $6.5 million to $6.2 million for the quarter.
Total operating expenses decreased from $5.8 million to $2.7 million.
The company had cash totaling $8.2 million as of Sept. 30.

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