TranS1 Inc. (TSON: Quote) announced its preliminary unaudited revenue for the fourth quarter ended December 31, 2012. The company expects revenues to be approximately $4.1 million in the fourth quarter of 2012, representing a 3% increase from revenues of $4.0 million in the fourth quarter of 2011 and a 29% increase from revenues of $3.2 million in the third quarter of 2012.
Analysts polled by Thomson Reuters expect the company to report revenues of $3.71 million for the fourth-quarter. Analysts’ estimates typically exclude special items.
The fourth quarter of 2012 included domestic revenue of approximately $3.0 million, a 4% increase over the third quarter of 2012, and international revenue of approximately $1.1 million, primarily from the initial stocking order for our new AxiaLIF distributor in China.
The company previously issued revenue guidance in the range of $3.8 million – $4.2 million for the fourth quarter ending December 31, 2012.
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by RTT Staff Writer
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