ANDOVER, Mass. (AP) — ANDOVER, Mass. (AP) — TransMedics Group Inc. (TMDX) on Thursday reported third-quarter earnings of $17.1 million.
On a per-share basis, the Andover, Massachusetts-based company said it had profit of 46 cents. Earnings, adjusted for non-recurring costs, came to 51 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.
The medical technology company posted revenue of $203 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $181.8 million.
TransMedics expects full-year revenue in the range of $750 million to $760 million.
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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 TMDX at https://www.zacks.com/ap/TMDX
