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Endologix provides 2019 financial guidance

Jan. 07, 2019 2:07 PM ETEndologix, Inc. (ELGX) StockBy: Pranav Ghumatkar, SA News Editor
  • Endologix (NASDAQ:ELGX +6%) announced its preliminary unaudited revenue for Q4 and FY 2018 to be ~$34M and $155.8M respectively.
  • Total cash, equivalents, and restricted cash as of December 31, 2018 are expected to be ~$24M.
  • Reaffirmed Guidance: Revenues of ~$35M and $140M for Q1 2019 and FY 2019 respectively; operating expenses for FY 2019 in the range of $130-140M.
  • #JPM19

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