Anika: Q1 Earnings Snapshot

Published: 2026-04-29 07:15:12 ET ANIK

Published on 04/29/2026 at 07:15 am EDT

BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Anika Therapeutics Inc. (ANIK) on Wednesday reported a loss of $5.1 million in its first quarter.

The Bedford, Massachusetts-based company said it had a loss of 37 cents per share. Earnings, adjusted for stock option expense and severance costs, were 27 cents per share.

The medical technology company posted revenue of $29.6 million in the period.

Anika expects full-year revenue in the range of $114 million to $122.5 million.

Anika shares have climbed 59% since the beginning of the year. The stock has risen 5% in the last 12 months.

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