Intersect ENT, Inc. (NASDAQ:XENT) Reports 3Q18 Loss Widen

Intersect Ent Inc (NASDAQ:XENT) reported net loss for the third quarter of $ 7.6 million or $ 0.25 per share, compared to loss $ 4.26 million or $ 0.15 per share for the year-ago quarter.

The Menlo Park, California based company recorded revenue for third quarter rose 11% to $ 24.67 million from $ 22.31 million in the same quarter last year.

Analysts polled by Thomson Reuters expected XENT to report loss of $ 0.27 per share on revenue of $ 24.10 million for the third quarter.

Moving forward, the company reveals revenue estimation for the full year 2018 in a range of $ 106.00 million – $ 109.00 million.

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