Natus Medical: 3Q Earnings Snapshot

Associated Press
Updated ·1 min read

PLEASANTON, Calif. (AP) _ Natus Medical Inc. (NTUS) on Thursday reported a third-quarter loss of $9.3 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Pleasanton, California-based company said it had a loss of 28 cents. Earnings, adjusted for amortization costs and non-recurring costs, came to 9 cents per share.

The maker of medical device for newborn care posted revenue of $102.8 million in the period.

For the current quarter ending in December, Natus Medical expects its per-share earnings to range from 19 cents to 31 cents.

The company expects full-year earnings in the range of 20 cents to 31 cents per share.

Natus Medical shares have fallen 46% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $17.80, a drop of 47% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTUS at https://www.zacks.com/ap/NTUS