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Anika Reports Fourth Quarter and Year-End 2020 Financial Results


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Full Year 2020 Revenue up 14%
Well Positioned for Growth in 2021
BEDFORD, Mass., March 04, 2021 (GLOBE NEWSWIRE)
Anika Therapeutics, Inc. (NASDAQ:ANIK), a global joint preservation company that creates and delivers meaningful advancements in early intervention orthopedic care, today reported financial results for its fourth quarter and year-ended December 31, 2020.
Fourth Quarter 2020 Financial Summary
Revenue in the fourth quarter of 2020 increased 10% year-over-year to $32.7 million, compared to $29.8 million, due to Joint Preservation and Restoration revenue following the acquisitions of Parcus Medical, LLC and Arthrosurface, Inc., in the first quarter of 2020, offset by lower Joint Pain Management revenue as a result of the COVID environment. ....

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