Here's Why Entellus Medical Inc. Stock Is Under the Weather Today [The Motley Fool]
ENTELLUS MEDICAL (ENTL)
Last entellus medical earnings: 11/1 04:05 pm
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Source: The Motley Fool
Although first-quarter sales rose, Entellus Medical's operating expenses jumped a bit faster. Cory Renauer ( TMFang4apples ) May 4, 2017 at 2:02PM What happened Shares of Entellus Medical Inc. ( NASDAQ:ENTL ) , a device maker focused on sinus relief, are getting thumped after the company announced first-quarter earnings yesterday. Lighter-than-expected sales figures have incited the market to shave about 19.9% from the stock price as of 12:00 p.m. EDT on Thursday. So what It's been a rough year for Entellus Medical. Including today's beatdown, the stock has given up about 33.2% in 2017. Although first-quarter sales rose a healthy 13% over the prior-year period, operating expenses increased a bit faster. Image source: Getty Images. First-quarter sales may have risen somewhat, but the company lost $8.3 million during the period, about 20.
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