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TearLab Corp lowers FY 2014 revenue guidance

Thursday, 7 Aug 2014 04:08pm EDT 

TearLab Corp:Expects FY 2014 revenue to be in the about range of $22 to $23 mln (prior range of $30 to $33 mln).Based on the company's sales performance in the first half of 2014, and on the timing and anticipated impact of a number of new sales and marketing initiatives introduced earlier in the year.Company believes it can continue to achieve about 20 pct sequential quarter-over-quarter revenue growth in each of the third and fourth quarters.FY 2014 revenue of $26 mln - Thomson Reuters I/B/E/S. 

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0.05 +3.27%
27 Nov 2015