... The increased loss is primarily due to higher operating expenses to drive growth in coronary products and preparation of the large-scale launch of SavvyWire for TAVR (Transcatheter Aortic Valve Replacement). 

Well, well,quite a scandal : spending money to drive growth!  What were they thinking?

I will never understand why some people expect companies to grow without spending. Or maybe they don't understand..

Anyways, conference calls usually provide answers and , most importantly, context.  Our conference call is in less than one hour.

GLTA