BOCA RATON, Fla. (AP) _ TherapeuticsMD Inc. (TXMD) on Thursday reported a loss of $49.4 million in its fourth quarter.
On a per-share basis, the Boca Raton, Florida-based company said it had a loss of 19 cents.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share.
The woman's health care product company posted revenue of $15.9 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $13.2 million.
For the year, the company reported that its loss widened to $176.1 million, or 72 cents per share. Revenue was reported as $49.6 million.
The company's shares closed at $2.40. A year ago, they were trading at $5.99.