Intersect ENT Announces Preliminary Revenue for First Quarter 2020 and Provides Business Update in Response to COVID-19 Pandemic
Intersect ENT, Inc. (XENT)
Last intersect ent, inc. earnings: 2/24 07:00 am
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US:NASDAQ Investor Relations:
ir.intersectent.com/investor-relations
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Source: Business Wire
- Preliminary Unaudited First Quarter 2020 Revenue Expected to be $19.5 to $19.8 Million -- Company Withdraws Full Year 2020 Guidance - MENLO PARK, Calif.--(BUSINESS WIRE)--Intersect ENT, Inc. (Nasdaq: XENT), a company transforming care for patients with ear, nose and throat (“ENT”) conditions, today announced preliminary first quarter 2020 revenue and provided a business update on its actions in response to the coronavirus (COVID-19) pandemic.Preliminary and Unaudited First Quarter 2020 OverviewNet sales are expected to be in the range of $19.5 to $19.8 million, compared to $26.7 million in the first quarter of 2019.Cash and marketable securities are expected to be in the range of $87.0 to $88.0 million as of March 31, 2020."First and foremost, we are grateful to the healthcare professionals around the world, including many of our customers, who are tirelessly caring for patients on the front lines of this pandemic," said Thomas A. West, President and CEO. "Prior to the COVID-19 o
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