SeaSpine reports 4Q loss

CARLSBAD, Calif. (AP) _ SeaSpine Holdings Corp. (SPNE) on Wednesday reported a loss of $7.5 million in its fourth quarter.

On a per-share basis, the Carlsbad, California-based company said it had a loss of 56 cents.

The medical technology company posted revenue of $34 million in the period.

For the year, the company reported that its loss narrowed to $32.1 million, or $2.58 per share. Revenue was reported as $131.8 million.

SeaSpine expects full-year revenue in the range of $135 million to $139 million.

SeaSpine shares have dropped slightly since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.11, a climb of 43 percent in the last 12 months.