TransEnterix (TRXC) Tops Q2 EPS by 4c

TransEnterix (NYSE: TRXC) reported Q2 EPS of ($0.11), $0.04 better than the analyst estimate of ($0.15).

The Company had cash and cash equivalents of approximately $64.6 million as of June 30, 2016, and approximately $61.0 million as of July 31, 2016. The Company expects its existing cash and cash equivalents to fund operations through the third quarter of 2017.

For earnings history and earnings-related data on TransEnterix (TRXC) click here.

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