Intersect ENT’s preliminary Q4 report: 4 details

Intersect ENT expects to grow its revenue in 2021 compared to 2019, according to its preliminary fourth-quarter revenue report for last year.

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Four takeaways:
1. Preliminary and unaudited revenue for the fourth quarter is in the range of $27.7 million to $28.1 million.

2. Sinuva had a quarterly revenue of about $2.5 million.

3. Vensure initiated U.S. sales with revenue of approximately $300,000.

4. Cash, cash equivalents and restricted cash were expected to be approximately $105 million as of Dec. 31, 2020.

Intersect ENT’s full fourth-quarter report is expected March 9.

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