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BUZZ-Glaukos falls on wider-than-expected Q4 loss

ReutersFeb 21, 2025 2:07 PM

Shares of medtech firm Glaukos GKOS.N fall 11.2% to $139.7 premarket

Co on Thursday posted Q4 net loss of $22.2 mln, vs Wall Street estimate of $20.8 mln loss, as per data compiled by LSEG

GKOS reported Q4 revenue of $105.5 mln, vs est. of $100.7 mln

Co forecast 2025 sales in the range of $475 million to $485 million compared with expectation of $479.8 mln

GKOS's lead product is the iStent inject W, a device used to treat glaucoma, an eye condition that damages the optic nerve

Stock has risen 75.7% in the past 12 months

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