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AtriCure: Q3 Earnings Snapshot
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MASON, Ohio (AP) — MASON, Ohio (AP) — AtriCure Inc. (ATRC) on Tuesday reported third-quarter net income of $4.1 million, after reporting a loss in the same period a year earlier.

The Mason, Ohio-based company said it had net income of 8 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 17 cents per share.

The medical device maker posted revenue of $154.5 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $151.3 million.

AtriCure expects full-year earnings in the range of 40 cents to 46 cents per share, with revenue in the range of $606 million to $610 million.

AtriCure shares have increased 53% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $60.35, a climb of 77% 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 ATRC at https://www.zacks.com/ap/ATRC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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