Lucira Health hits 3-week low on downbeat quarter

Lucira Health

12/11/2021 19:02

** Shares of medical technology co  LHDX.O  fall as much as
17.4% to $5.83, lowest in three weeks 
    ** LHDX reports Q3 loss per share of 71 cents, bigger than
analysts' loss expectations of 51 cents per share - Refinitiv
data
    ** Co reports revenue of $15 million, missing analysts'
estimates of $18.3 million 
    ** LHDX says it recorded charges of $2.9 million in the
quarter  GNX6Xbw8r  
    ** Co reports wider-than-expected loss for a third
consecutive quarter
    ** Up to Thursday's close, stock down 68% since its February
2021 Nasdaq debut

 (Reporting by Bhanvi Satija in Bengaluru)
 ((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91
9873062788;))