AP NEWS

TransEnterix: 2Q Earnings Snapshot

August 7, 2018

MORRISVILLE, N.C. (AP) _ TransEnterix Inc. (TRXC) on Tuesday reported a loss of $34.2 million in its second quarter.

The Morrisville, North Carolina-based company said it had a loss of 17 cents per share. Losses, adjusted for non-recurring costs and amortization costs, were 6 cents per share.

The maker of surgical robots and medical instruments posted revenue of $6.4 million in the period.

TransEnterix shares have more than doubled since the beginning of the year. The stock has risen sevenfold 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 TRXC at https://www.zacks.com/ap/TRXC

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